The forigen investor Chamber of Commerce & Industry (FICCI) was established on the 1st of july 1963 in port city of Chittagong under the name and style of the "Agrabad Chamber of Commerce and Industry" with the initiative of forigen compamies located in and around chittagong. It may be mentioned here that at that point of time, most of the foreign companies,mainly british had their establishments located in that region of the country.