2nd Annual Bangladesh Investment Summit

Presented by:

www.BangladeshInvestSummit.Asia

I would like to congratulate you for successfully organizing such a wonderful conference. The Summit has established a remarkable milestone for Bangladesh in terms of country’s exposure to the world especially from the perspective of investment opportunities. Well done. Peng Kwang Lee, General Manager, Bangladesh Edible Oil Ltd.

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301 delegates representing 215 companies across 12 countries

Post Event Report

Bangladesh Investment SummitUnlocking opportunities for Asian investors

Marina Bay Sands, Singapore

Inaugural

4 December 2012

International Platinum Sponsor

Platinum Sponsor Sponsor

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2013 Event Calendar

present:

AsianInvestor, FinanceAsia & The Corporate Treasurer are published by haymarket media limited

3rd Annual Corporate Treasury & CFO Summit - Indonesia – February 21, Jakarta (www.CTCFOIndonesia.com)

2nd Annual Asia-Pacific Corporate Funding Forum – March 6, Hong Kong (www.CorporateFunding.Asia)

4th Annual Asia-Pacific Debt Investor Forum – March 7, Hong Kong (www.APACDebt.com)

Inaugural Compliance Summit South & Southeast Asia – April 11, Singapore (www.SEAComplianceSummit.com)

8th Annual Asian Investment Summit – May 22-23, Hong Kong (www.AsianInvestmentSummit.com)

4th Annual RMB Rising – June, Hong Kong (www.RMBRising.com)

2nd Annual Japan Institutional Investment Forum – June, Tokyo (www.JapanIIF.com)

7th Annual Korea Institutional Investment Forum – July 11, Seoul (www.KoreaIIF.com)

5th Annual Corporate Treasury & CFO Summit - Philippines – August 13, Manila (www.CTCFOPhilippines.com)

2nd Annual Asia Corporate Treasury & CFO Summit – September 10, Hong Kong (www.CTCFO.Asia)

2nd Annual Africa Investment Summit – September 12-13, Hong Kong (www.AfricaInvestSummit.Asia)

2nd Anuual Southeast Asia Corporate Funding Forum – October 24, Singapore (www.SEACorporateFunding.com)

2nd Annual Southeast Asia Debt Investor Forum – October 25, Singapore (www.SEAsiaDebt.com)

2nd Annual Compliance Summit Asia – November 7, Hong Kong (www.ComplianceSummit.Asia)

The Art of Asset Management II – November 21-22, Hong Kong (www.ArtofAM.Asia)

5th Annual Southeast Asia Institutional Investment Forum – December 3-4, Singapore (www.SEAIIF.com)

For more information, contact Stuart Wadsworth, Head of Conference Sales, at [email protected] or call +65 8121 7004.

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Conference Highlights

FinanceAsia and AsianInvestor’s inaugural Bangladesh Investment Summit attracted 38 top-tier speakers and 301 investors, corporates, asset managers, bankers and other industry experts. Delegates representing over 215 companies from 12 different countries across Asia, Europe, and North America convened at the Marina Bay Sands in Singapore on 4 December. The high profile presentations, Q&A sessions, and panels covered investment and trade opportunities, as well as the role of foreign capital in Bangladesh’s capital markets.

The top rated sessions of the Summit included the welcome remarks by Jim McCabe and K Mahmood Sattar; opening keynote address by Fazle Kabir on unlocking Bangladesh’s potential and the plenary address by Dr. Hassan Zaman on Bangladesh’s economy and growth sectors. The top rated speakers of the event were Jim McCabe, K Mahmood Sattar, Dr. Hassan Zaman and Mahfuz Anam.

We would like to take this opportunity to thank all of our sponsors: Standard Chartered Bangladesh, The City Bank Limited and Deutsche Bank Group. We would also like to thank our supporting and media partners. Lastly, thank you to our speakers who provided the key insights into Bangladesh’s investment potential.

We look forward to welcoming you next year!

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US & Europe 1%India 1%

Vice President / Manager 16%

Associate / Analyst 4%

By Country

By Job Title

Director / Partner / SVP 32%

C-Suite / Chairman 20%

Hong Kong 3%

By Job Function

Investment Banking 22%

Asset Managers 16%

Lawyer & Consultant 3%

Media & Publishing 2%

Investment Advisors 7%

Government / Regulatory 4%

Managing Director / Managing Partner / President 20%

Institutional Investors / Distributors 1%

Bangladesh 39%

South & Southeast Asia 3%

Other 8%

Private Wealth Management 1%Corporates 39%

MFI 2%

Delegate Profile

Association / Education3%

Singapore 53%

301 delegates representing 215 companies across 12 countries

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Aamra CompaniesAamra Technologies Absolute Asia Asset Management Active Capital Asia Aegis CapitalAgrani Exchange House Private Agrocorp International Pte AIMS of Bangladesh AJP AdvisorsAK Khan GroupAKW Group Al-Haj GroupAlliance Holdings Alter DomusAman GroupAmerican Express GNS Amundi Singapore Asian Tiger Capital PartnersAxiom Asia Private Capital Pte Axis Bank , Singapore BranchB.B. Energy (Asia) Pte B2M Technologies Bangladesh BankBangladesh Business Chamber of SingaporeBangladesh Edible Oil Bangladesh General Insurance Company Bangladesh High CommissionBangladesh Power Development BoardBangladesh Parliament Barclays Bank PlcBMA Asset Management Co.Board of Investment BangladeshBP Singapore Pte BRB GroupBritish High Commission DhakaBrummer & Partners BangladeshBSI AGBSM GroupBSRM Group of Companiesbti HoldingsBW VenturesCapAsia Advisors Partners Asia Pte Capital Advisors AsiaCapital Alliance Partners Cargill TST Asia Pte Cargoship Pte Central Depository Bangladesh Citibank, N.ACiticorp Investment Bank (Singapore) City Bank Capital Resources City Brokerage ComfortDelGro Corporation

Computer Source LimitedCosmopolitan Finance Coutts & Co Daewoo International Singapore Pte DBL GroupDBS BankDCG Capital Pte DEG Representative Office SingaporeDell BangladeshDeutsche Asset ManagementDeutsche Bank Hong KongDFDLDhaka Stock Exchange DIRD GroupDraycott Partners Private East Coast GroupEastern Housing Eaton Vance Management International (Asia) Pte. Emirates NBD PJSC - Singapore BranchEnergypac Power Generation Esquire Knit Composite Eurocopter Southeast Asia Pte ExpolankaFirst Capital Securities Foreign Investors’ Chamber of Commerce & Industry

(FICCI) Fox Mandal (FM) AssociatesFrontline Spining Mills G4S Security Services Bangladesh (P) Genweb2Golden Son Government of the People’s Republic of BangladeshGP HouseGreen Delta Capital GSSG Holdings Asia Pacific Pte HAK Japan Tech & Trading Pte High Commission for BangladeshHSBCHyflux ICAP ShippingIDLC Finance IFS Fund Services Pte. IIM Inc.ILS AdvisersIndea Capital Pte. Induslnd BankInfraCo Asia ManagementING Bank N.V. Singapore BranchIntegratech Pte Intelligent Image Management Inc.International Monetary Fund Office SingaporeIntraco Group

301 asset owners, asset managers, finance professionals, bankers, corporates and advisors attended the Summit, including senior decision makers from:

Participating Companies

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Participating Companies Continued

IT Consultants JTI Asia Pacific Lanco Power InternationalLankaBangla Finance LIM Advisors Linair Technologies Lion Global Investors LR GlobalLub-rref Bangladesh Mandate Real Estate Pte Maybank Asset Management Singapore Pte Meinhardt (Singapore) Pte Mewah Oils & Fats Pte MIGA - World Bank Mikat Trading & Investment Pte. Milbank, Tweed, Hadley & McCloyMillenniumMilltrust International (Singapore) Pte Mitsubishi UFJ SecuritiesMitsui & Co. Financial Services (Asia) MJL Bangladesh MKM Securities Mohamed Mustafa & Samsuddin Moody’s Investment ServiceMultimode GroupNanyang Technological UniversityNDB Capital Nobpac Shipping Pte Nomura Asset Management SingaporeOdyssey Capital Pte Opvs GroupPareto Securities Asia Pte Phillip Capital Management (S) Phillip Securities Pte Phong Phu Home Textile Joint Stock Company, Phong

Phu CorporationPolash Chowdhury GroupPremier Cement Mills –BangladeshPremier Shiptrade Pte Progeny Technology Pte PSA Middle East South AsiaPublic Private Partnership OfficeQuoniam Asset Management GmbHRaffles Industrial & Shipping Services Pte Rahimafrooz (Bangladesh) Rahman Export and Import Trade Pte Raiffeisen Bank International Rajah TannReliance Asset Management (Singapore) Pte RGE PTE RSA CapitalSansar Capital Asia Pte Saudi-Bangladesh Industrial and Agricultural Investment

Company SBI Ven CapitalSCB Asset Management Co., SGS Testing and Control Services Singapore Pte

Singapore Bangladesh Society Singapore Business FederationSingapore PoolSSintex & Chem. Pte SiS GroupSIS International Holdings SJ Seymour GroupSMH Engineering Southtech SQ Group of IndustriesStandard & Poor’s Standard Chartered Bank State Street Bank & Trust CoSummit Group of CompaniesSummit Power Supreme Court of Bangladesh Swedish Export Credit CorporationSwissPro Invest (BD) T.K. Group of IndustriesTanjib-Ul Alam and AssociatesTectra International Pte TEHO International Inc. Temasek Holdings Advisors India Pvt Templeton Asset Management The Bank of New York Mellon, Singapore BranchThe Bank of Nova ScotiaThe City Bank LimitedThe People’s Republic of Bangladesh in Singapore Tokio Marine Asset Management Int’l Pte. Trans Continental Trading Co.Transcom GroupTranscon Securities UBS AG UCL Asia Union Capital United GroupUOB Asset Management UTI International (Singapore) Private Uttara Finance & Investments Uttara Group of CompaniesValeur InvestmentsVietnam National Textile and Garment GroupViyellatexVolvie Capital Management (P) W & W Grains Corp.Waratex Wartsila Bangladesh Wayzata Investment Partners (Asia)Weatherford Asia Pacific Pte Western Asset Management Company Pte. World Bank – Singapore Urban HubYak Heng Investments (Singapore Office)Zingmobile Groupmergermarket Asia-PacificSun Media PteThe Daily Kaler KanthaThe Daily Star

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Media Coverage

Bangladesh banks eye FDI boost for infrastructureBangladesh Bank recently took steps to incentivise banks to move into under-banked areas. But the country’s

growth trajectory has been such that financial institutions still lack sufficient resources, both from a human resources and technology point of view.

The point was made at AsianInvestor’s and FinanceAsia’s inaugural Bangladesh Investment summit in Singapore this week by Reaz Islam, chief executive of Dhaka-based LR Bangladesh Asset Management, part of LR Global Partners.

Source: Joe Marsh, AsianInvestor & FinanceAsia, 22 November 2012

Bangladesh reviewing Foreign Exchange Act Bangladesh Bank, the country’s monetary authority, is reviewing its Foreign Exchange Act with an eye on liberalising

how the country deals with foreign capital, says Hassan Zaman, chief economist.“I can’t share details of what’s under review,” Zaman says, “but it is comprehensive. We are asking ourselves, ‘Where

do we want to go, how integrated do we want to be with the world’s financial markets, over the next 10 to 20 years?’” Speaking yesterday at AsianInvestor and FinanceAsia’s inaugural Bangladesh Investment Summit in Singapore, Zaman says the central bank and the securities regulator are looking at impediments to foreign investment.

Source: Jame DiBiasio, AsianInvestor & FinanceAsia, 5 December 2012

Bangladesh reaching out for investmentYet, as long ago as 2005, Goldman Sachs named Bangladesh as one of its “Next 11” countries, which also included

South Korea and Indonesia, for its promising investment and growth outlook. And the Japan Bank for International Cooperation ranked the country as the 16th most attractive investment destination in 2011.

Indeed, Bangladesh has enjoyed a decade of sustained improvement in its macroeconomic indicators, as Fazle Kabir, Bangladesh’s finance secretary, told about 300 delegates at the inaugural AsianInvestor and FinanceAsia Bangladesh investment summit in Singapore on December 4.

Source: Rupert Walker, AsianInvestor & FinanceAsia, 21 November 2012

Published by AsianInvestor & FinanceAsia

News (Online)

Firms vie to offer Bangladesh exposureBangladesh forms part of what Goldman Sachs termed the ‘next 11’ most important emerging markets after the Brics,

but it faces major hurdles both for investors and those who would provide them with exposure.Still, there is a growing number of options available, from traditional active equity funds to exchange-traded products to

private vehicles, as explored on a panel last week at AsianInvestor’s and FinanceAsia’s Bangladesh investment summitGiven the lack of a liquid stock market comprising large-cap names, private equity might seem the most obvious

channel, and Brummer & Partners Asset Management Bangladesh has taken this route.

Source: Joe Marsh, AsianInvestor & FinanceAsia, 21 November 2012

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Media CoveragePublished by Other Media

The country took a successful stride forward in attracting foreign investment thanks to the Bangladesh Investment Summit in Singapore on December 4.

Sponsored by Standard Chartered Bangladesh, City Bank and Deutsche Bank, the daylong event at Marina Bay Sands was attended by high-level personnel from some 250 companies.

“This country of 160 million has enjoyed about 10 years’ worth of steady, impressive growth. Its economy has grown by 6.2 percent per annum for the past five years despite the global financial crisis,” said Finance Secretary Fazle Kabir during his keynote speech…

Source: The Daily Star, 10 December 2012

Investment summit in Singapore showcases Bangladesh’s strength

Bangladesh Investment Summit in Singapore Dec 4The Bangladesh Investment Summit will be held on December 4 in Singapore with a view to drawing the attention of

the global market to the investment opportunities in Bangladesh.The event, to be jointly sponsored by the Standard Chartered Bank, The City Bank and the Deutsche Bank, will bring

over 200 Bangladeshi and more than 150 global and Asian investors together.‘The Bangladeshi corporate people will meet their foreign counterparts in the summit and sort out the opportunities for

more investments in the country,’ Standard Chartered Bank chief executive officer Jim McCabe said at a press meet.

Source: New Age, November 2012

Bangladesh Investment Summit on Dec 4A ‘Bangladesh Investment Summit’ is going to be held in Singapore on Dec 4 to what organisers say ‘unlock the

opportunities’ for Asian investors in Bangladesh.Financial magazines and websites FinanceAsia and Asianinvestor are co-hosting the event at the Marina Bay Sands

Convention Centre where more than 200 delegates including investors are expected to convene.“We need to showcase the investment opportunities that Bangladesh offers to the world and this summit is a step

forward in this regard,” Standard Chartered Bank Bangladesh’s Chief Executive Officer Jim McCabe said at a press conference on Thursday in Dhaka.

Source: bdnews24.com, 22 November 2012

Bangladesh investment summit starts in SingaporeThe Bangladesh Investment Summit held at Marina Bay Sands, Singapore organised by FinanceAsia and

AsianInvestor Magazine and sponsored by Standard Chartered Bank Bangladesh, City Bank Ltd and the Deutsche Bank recently, says a press release. The daylong summit was organised to explore trade and investment opportunities for Asia’s sovereign wealth funds, family offices, public and private pension funds and other financial investors in Bangladesh markets.

Source: The Independent, 10 December 2012

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Media Coverage ContinuedPublished by Other Media

Singapore summit set to showcase Bangladesh’s investment prospects

A daylong event dedicated to Bangladesh will take place in Singapore next month to convey the country’s success stories and potential to foreign investors.

The summit will showcase the vast opportunities available in Bangladesh, Jim McCabe, chief executive officer of Standard Chartered Bangladesh, told reporters in Dhaka yesterday.”The potential of Bangladesh is real. We see a huge potential in the country. There is also a plenty of scope to engage in investment in the country,” he said.

Source: The Daily Star, 23 November 2012

Bangladesh Investment Summit in Singapore December 4

Bangladesh Investment Summit, first of its kind for the country, is going to be held in Singapore on December 4 to explore trade and investment opportunities for Asia’s sovereign wealth funds, family offices, public and private pension funds and other financial investors in Bangladesh markets.

Standard Chartered Bank, The City Bank Ltd and Deutsch Bank will sponsor the summit, which will actually showcase vast investment opportunities available in Bangladesh to a powerful audience of Asian investors.

Source: Financial Express, 23 November 2012

A day long event dedicated to Bangladesh took place in Singapore on December 4, 2012 to convey the country’s success stories and potential to foreign investors. The conference, known as Bangladesh Investment Summit, is an important platform for Bangladesh’s businesses and policy makers to market the country, as it will be attended by more than 200 potential investors from across the world.

The event, the first-of-its-kind for Bangladesh, represented an opportunity for international investors to learn and share ideas on unlocking capital to grow business, increasing exports in existing and new industries and developing key infrastructure projects.

Source: aamra, December 2012

‘aamra’ attends Inaugural Bangladesh Investment Summit - Unlocking opportunities for Asian investors

Bangladesh becomes one of the next 11 economies

The profile of Bangladesh as a destination for investment is beginning to brighten. The country has demonstrated rapid progress since independence and rightly so has been identified as one of the “next 11 economies.”

Jonathan Hirst, Publisher of FinanceAsia & AsianInvestor, organisers of the summit, said, “whilst the profile of Bangladesh as a destination for investment is beginning to gain momentum, it is still to a large extent an untold story. The Bangladesh Investment Summit represents a significant step in the right direction, which we hope will go some way in helping to attract investment into the country.”

Source: Daily Sun, December 2012

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Media Coverage ContinuedPublished by Other Media

I felt this was really a good conference espcially the quality of the speakers. Thank you for inviting me. As someone who invests in and operates a relatively significant business in Bangladesh this was a pleasure to attend.Peter James O’Donnell, Managing Director, UCL Asia Limited

“”

Textile, RMG, pharma, ceramics gain strong foothold globally

Bangladesh’s textile and ready-made garments industry is a successful sector that continues to grow strongly, while several other sectors such as pharmaceuticals and ceramics have already gained a strong foothold in the global marketplace.

The potential of jute and its by-products are also immense. Global investors and multinationals may tap into the opportunities offered by low cost efficient labour force in the country.

Jim McCabe, CEO Standard Chartered Bangladesh made the observation during the Bangladesh Investment Summit held at Marina Bay Sands, Singapore early this month.

Source: Daily Sun, December 2012

Bangladesh – The Untold StoryThe phrase “the untold story” about Bangladesh was repeated a few times at the Inaugural Bangladesh Investment

Summit held on 4 Dec 2012. The one day summit was organised by Haymarket (who are also the publishers of AsianInvestor and FinanceAsia magazines) and the objective was to “unlock opportunities for Asian Investors.” Many facets of the Bangladesh story were highlighted especially the health of the country’s economy, growth sectors and export potential.

Source: Sun Media SG, 6 December 2012

Bangladesh – The Untold StoryEarnings from the readymade garment (RMG) and all other sectors are expected to get a major boost, as the

Government is reviewing its Foreign Exchange Act with an aim to liberalize it to draw more investment in diverse sectors, the Chief Economist of the Bangladesh Bank Dr. Hassan Zaman said in his inaugural address at the Bangladesh Investment Summit in Singapore.

Dr. Zaman said Bank of Bangladesh - the central bank of the country - and the security regulators are undertaking a review of the hindrances to foreign investment. Besides, the Government is also planning to release its first international bonds to boost its revenues.

Source: Fibre2Fashion, 10 December 2012

Excellent line up of speakers and personnel from critical Bangladeshi institutions.Kelvin Hayes, Deputy Group Treasurer & Corporate Finance, USGS Testing and Control Services Singapore“ ”

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To speak:Hayleigh Davies, Senior Conference Producer, E: [email protected]; T: +852 3175 1923

To sponsor:David Bradford, Business Development Manager, E: [email protected]; T: +852 3175 1965

To book your delegate pass:Gynn Lim, Audience Development Manager, E: [email protected]; T: +65 6579 0546

To becoming a media or supporting organisation:Annie Ng, Marketing Manager, E: [email protected]; T: +852 3175 1981

Contact our project team to get involved in the 2nd Annual Bangladesh Investment Summit

Contact Us

I found that all the sessions were very informative. It was very helpful for us and the prospective investors who wouild like to invest in Bangladesh. I would like to thank the organizers and the sponsors to arrange such a pleasant summit.

It was a fabulous and fascinating arrangement. I think, this summit will serve some of the most pertinent investment issues looking to invest for those Bangladeshi companies looking to fund raise.Moinuddin Hasan Rashid, Managing Director, United Group

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Thank you to our sponsors and supporting partners:

Thank You

OrganisersMedia Partners

Supporting Organisations

It was a great event thank you for organizing and inviting me.Mahbub Jamil, Head of Structured Finance, NDB Capital Limited“ ”

I think the seminar was informative and interesting.Carl Engleberth, Executive Director, Chief Representative, Asia Swedish Export Credit Corporation

“ ”

Many thanks for the insightful summit. Great crowd and lots of key take-aways…Laurent Foraud, Business Development Manager, JTI Asia Pacific Limited“ ”

International Platinum Sponsor

Platinum Sponsor Sponsor

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Thank you to our speakers and moderators:

Thank You

Sameer Ahmad, Founder & Chief Executive Officer, RSA CapitalTanjib-ul Alam, Barristers-at-Law, Advocate, Supreme Court of BangladeshMahbubul Anam, Managing Director, ExpolankaMahfuz Anam, Editor & Publisher, The Daily StarPaul Barbour, Senior Regional Economist & Senior Risk Management Officer, MIGA - World BankAhsan Khan Chowdhury, Chief of Operations & Deputy Managing Director, PRAN RFL GroupAzam J Chowdhury, Chairman and Managing Director, East Coast GroupMinhaz Mannan Emon, Director, Dhaka Stock ExchangeChristian Forthuber, Managing Director, SwissProCapt. Sohail Hasan, Director, Western Marine & President, Bangladesh Business Chamber of SingaporeDavid Hasanat, Chairman, ViyellatexMd Ariful Hoque, Deputy Director, Board of Investment BangladeshDhritiman Hui, Investment Director, BW VenturesIftakharul Islam, Managing Director, Asian Tigers Capital PartnersReaz Islam, Chief Executive Officer, LR GlobalFazle Kabir, Secretary, Ministry of Finance, Government of the People’s Republic of BangladeshAziz Al Kaiser, Director and former-Chairman, The City Bank LimitedAyesha Aziz Khan, Director Finance, Summit GroupKamran M. Khan, Program Director, Global Infrastructure Finance Centre of Excellence, World Bank – Singapore

Urban HubJim McCabe, Chief Executive Officer, Standard Chartered Bank, BangladeshMKM Mohiuddin, Vice President, Chittagong Stock ExchangeMunawar M Moin, Group Director, RahimafroozMarco Montanari, Director, Head of db X-trackers ETFs and db-X funds, Deutsche Bank GroupAlamgir Morshed, Head of Financial Markets, Standard Chartered Bank, BangladeshShahwar Nizam, Bangladesh Country Partner, DFDLKhalid Quadir, Chief Executive Officer, Brummer & Partners Asset Management BangladeshLatifur Rahman, Chief Executive Officer, Transcom GroupMd. Abu Rashed, PPP Advisor, Public Private Partnership Office, The Prime Minister’s OfficeHumayun Rashid, Managing Director, Energypac Power GenerationNirukt Sapru, Head, OCC Growth Markets, SEA & South Asia, Standard Chartered Bank K Mahmood Sattar, Managing Director & Chief Executive Officer, The City Bank LimitedArun Sen, Chief Executive Officer, Lanco Power InternationalLutfey Siddiqi, Managing Director, UBS Investment BankKim Eng Tan, Head of Sovereign Ratings – Asia Pacific, Standard & Poor’sDr. Hassan Zaman, Chief Economist, Bangladesh BankH.E. Mahbub Uz Zaman, High Commissioner, The People’s Republic of Bangladesh in Singapore

2nd Annual Bangladesh Investment Summit

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Transcript of 2nd Annual Bangladesh Investment Summit