Explore opportunities in Bangladesh's SEZs

Chief Adviser Professor Muhammad Yunus has invited Kuwaiti investors to explore opportunities in Bangladesh's special economic zones (SEZs) and the upcoming Bangladesh Investment Summit in Dhaka on April 7-9.

"Bring investors from Kuwait during the summit. It will be a big opportunity for both countries," he said when the new ambassador of Kuwait to Bangladesh, Ali Tunyan Abdul Wahab Hamadah, called on him at the State Guest House Jamuna in Dhaka on Sunday.

During the meeting, Bangladesh and Kuwait reaffirmed their commitment to strengthening diplomatic, trade, and economic ties with a focus on investment, energy, food security, and migrant welfare, said a spokesperson for the chief adviser's office.

Welcoming the new ambassador, the chief adviser reaffirmed the strong historical ties between Bangladesh and Kuwait and encouraged greater collaboration in key sectors.

"Kuwait and Bangladesh are long-standing friends. There are many investment opportunities here, and halal food can be a great sector to explore. The global market for halal food is huge. I encourage you to include young people in this initiative," Yunus said.

Ambassador Hamadah conveyed full support for Bangladesh's interim government on behalf of Kuwait's Prime Minister Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah and the people.

"We are looking forward to working together," he said.

Both sides discussed expanding crude oil imports from Kuwait to support Bangladesh's growing energy demands.

The chief adviser invited Kuwait to invest in joint venture crude oil refinery in Bangladesh and urged the oil-rich Gulf nation to explore cooperation in renewable energy projects.

He stressed the importance of ensuring better working conditions for Bangladeshi workers in Kuwait, particularly females.

Besides, the chief adviser acknowledged the strong defence collaboration between the two countries and praised the professionalism of Bangladeshi military personnel serving in Kuwait.

"Our partnership is built on mutual respect and cooperation. We are committed to expanding collaboration in trade, energy, and beyond," said Yunus.

mirmostafiz@yahoo.com