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Guiding Entrepreneurs Towards Prosperity

MR Khan Shahin, CIP
Joint Secretary General
NRB CIP Association

They say ‘dream great dreams and make them come true’. Md. Mahmudur Rahman Khan (Shahin) is one of those Bangladeshis who migrated, because he had great dreams, with an intention to establish himself in one of the world’s most developed countries through his qualifications. He is now widely known as M R Khan (Shahin) in Hong Kong’s Business World. M R Khan (Shahin) has been playing an important role in the economic progress of Bangladesh since he left.
He was born in an educated aristocratic family in Noakhali in 1968. His father was a railway officer. He passed SSC in 1985 from Nasirabad Govt School, Chittagong and HSC in 1987 from Chittagong Government Commerce College. In the combined merit list of HSC, Comilla board he got 2nd place. He completed his Master of Commerce with honors in Accounting from University of Dhaka in 1993.
M R Khan (Shahin) made an exceptional decision. He moved to Hong Kong in late 1994. He got a job in a private company. Then, he thought to himself that getting a job is not enough. There will be no opportunity to do anything for the country and its people. It is from this thought that he started his business in garment accessories sourcing and consolidating in 1996. M R Khan (Shahin) is the one of the first batch of Bengalis to conduct business in Hong Kong.
M R Khan (Shahin) checks the feasibility before taking any initiative. He established RK Resource Company Ltd in 1997 with an aim of doing trading house related to garment sector, export-import business and exporting raw materials to Bangladesh. He is the President and CEO of this company.
Bangladesh government has honored M R Khan as Commercially Important Person (CIP) for his significant contribution in the national economy through NRB sector. CIP M R Khan says, the industrial and business sector of Bangladesh can rapidly be improved if the government and entrepreneurs pay special attention to foreign fund sourcing. He says that when an entrepreneur borrows from bank at a high interest rate in the country, it is undoubtedly risky to survive in the business sector because the current world is a world of competition. Entrepreneurs in many countries are producing products with only 2% interest or low interest loans and in this way they are able to keep the price of their products low. As a result, it becomes difficult for our entrepreneurs to survive in the international market. Again, the price of domestic products are beaten by the foreign products due to the low price of those products. For this reason, he favors bringing foreign funds through sourcing, for entrepreneurs. He opines, banks can also collect these funds and provide to investors at low interest rate.
Referring to the present government as ‘business-friendly’, he says, “Bangladesh government provides opportunities to NBR entrepreneurs to invest in the country.
Shahin is a very well-known face in Hong Kong. He was the Founder member of the Bangladesh Association of Hong Kong (BAHK) and later the Joint General Secretary.
M R Khan (Shahin) is happily married to Shahnaz Mahmud. They are blessed with 1 daughter and 2 sons. The eldest daughter is studying in Bryn Mawr college in Pennsylvania, USA. The other two children are studying in Hong Kong.
According to M R Khan (Shahin), children are not only an asset to their parents but also an asset to the society and country. Investing in children’s education is the best investment for anyone. To build a developed country, proper education for the next generation is a must.

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