FEICOM showcases social security strides in Bangladesh forum.

The Special Council Support Fund for Mutual Assistance, FEICOM, used the just ended Commonwealth Trade and Investment Forum to showcase the establishment’s strong points in fostering social security and wellbeing of workers.

The high-level forum held in Dhaka; capital of Bangladesh ran from September 13-14.

The Director General of FEICOM, Philippe Camille Akoa, in his presentation at the conference, harped on the social dimension of his institution.

He described it as a model for successful management in any modern enterprise.

Zooming in on the home situation, the boss of FEICOM said, this approach is more relevant for decentralised collectivities that are called to implement Cameroon’s social and economic development programme of secondary cities exposed to instability factors.

He said decentralised collectivities are entrusted or charged with the construction of infrastructure, in the field of education, for workers and young people to be trained and retrained in different trades, especially diverse sectors of building construction.

The said approach, which places highest value on human beings, the FEICOM Director General said, also allows workers to learn new skills and earn better incomes, thereby upgrading their standard of living. 

The approach also helps in decreasing unemployment and redundancy in the workplace, he continued.

The impact of the said approach, he stated will also lead to a sustainable transformation of cities and enable citizens contribute to building their society with aim to making decentralised collectivities, wholesome places to live in.

During the forum, the FEICOM boss had taken part in a session that focused on developing a healthy business environment in Cameroon in line with the specifications of the opportunities offered by National Development Strategy, NDS30.

He disclosed that the exchanges were moderated by Lord Marland of Odstock, who also acted as Chairman of the Commonwealth Enterprises and Investment Council. 

Other panelists included Sharriar Alam, the Minister of foreign affairs of Bangladesh, Felix Mbayu, Minister Delegate in Charge of the Commonwealth at Cameroon’s Ministry of External Relations, Jashim Uddin, President of the Bangladesh Chamber of Commerce and industries, among other dignitaries.

Apart from the Minister Delegate and the FEICOM boss, the Cameroon delegation also included the General Manager of the Cameroon National Shippers Council, CNSC, Auguste Mbappe Penda as well as several other members of the CWEIC Hub for Cameroon and Gabon, amongst whom was its Country Director, Etienne Cham Bama.

The Commonwealth Trade and Investment Forum was officially launched on September 13, by the Prime Minister of Bangladesh, Sheikh Hasina at the Bangabandhu International Conference Centre, BICC. 

The main purpose of the forum was showcase and promote trade and investment opportunities in Bangladesh and other member countries of the Commonwealth. 

It also offered a platform to discuss key trade and investment issues of interest to Commonwealth member nations.

It was also intended to birth new partnerships for shared growth and development in member countries; as the ultimate goal hinged on creating fresh spaces for investment and innovation, to promote sustainable and inclusive growth in member countries.

Organisers harped on the fact that with a population of 2.5 billion people and a current Gross Domestic Product, GDP of 13 trillion United States Dollars, USD, with potential to peak to 19.5 trillion USD by 2027, the extensive network of the Commonwealth must be used to drive home the above objectives.


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