Rail News


September 22 , 2021

Saudi minister: KSA keen to invest more in Bangladesh

Dhaka Tribune 
September 20, 2021 (Bangladesh)

The prime minister's Private Industry and Investment adviser proposed setting up a special economic zone for Saudi investors

Saudi Arabian Investment Minister Khalid Al-Falih on Sunday said there is potential for more Saudi investment in Bangladesh due to the latter’s investment-friendly climate.

The Saudi minister made the remark during a meeting with Salman F Rahman, visiting Private Industry and Investment adviser to Prime Minister Sheikh Hasina.

During the meeting, Salman F Rahman apprised the Saudi minister of the steps taken by the current government to attract foreign investment, read a press release. 

He also proposed to set up a special economic zone for Saudi investors, as committed to by Prime Minister Sheikh Hasina. 

The Saudi investment minister welcomed Bangladesh's proposal. The adviser also requested that the minister finalize a draft memorandum of understanding (MOU) aimed at creating opportunities for Saudi investment under public-private partnerships.

Al-Falih informed the advisor that the draft MoU is in its final phase and he hoped it would be signed soon.


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