Saudi Arabia has offered to make a large scale of investment in various sectors of Bangladesh. 

Saudi Arabian Minister of Investment Khalid A. Al-Faliah and Minister of Economy and Planning Faisal Alibrahim came up with the offer when they jointly called on Prime Minister Sheikh Hasina at her place of residence in Doha. 

While briefing the reporters, after the meeting, Foreign Minister Dr AK Abdul Momen quoted the two ministers as saying, “We see few issues as investors. Firstly, the stability (of the country), businessmen see whether it is stable, the future of investment. Present and future of Bangladesh is very good, and that is why we’ve taken the decision to strengthen relations with Bangladesh.”    

“Saudi Arabia wants to establish Bangladesh as a regional hub considering its geographical location as the country is in between South and South-East Asia. If we make it a hub, we can cover up Indonesia, Malaysia and more…,” they added. 

The two ministers said they want to do here petrochemical, diesel, jet fuel, fertiliser and major distribution centres as well as shipping lines. 

BDST: 1135 HRS, MAY 24, 2023
MN/SMS