Saudi companies want to invest in Bangladesh: Ambassador


FE Team | Published: September 24, 2023 23:25:12


Saudi companies want to invest in Bangladesh: Ambassador

Ambassador of the Kingdom of Saudi Arabia Essa bin Yousef Al Duhailan has said Bangladesh is an emerging economic power in Southeast Asia and that his country is keen to invest in various sectors of Bangladesh, reports BSS.
"Many renowned Saudi companies and investors have shown keen interest in investing in different sectors," he said in a message marking the 93rd Saudi National Day.
The Saudi Embassy will celebrate the day in Dhaka on September 26. The Saudi National Day, however, falls on September 23.
The ambassador said the Kingdom has also provided financial assistance for different projects, like building houses, schools, mosques, orphanages, and shelters for protection from natural disasters, as well as establishing hospitals, bridges, and power plants.
He said the Saudi-Bangladesh relations have strengthened after the visit of Prime Minister Sheikh Hasina to the Kingdom in 2016 and the meeting with the King of Saudi Arabia, Salman Bin Abdul Aziz Al Saud, as well as visits by a number of Saudi ministers to Bangladesh.
The Saudi ambassador also said relationship between the two countries is deep-rooted and outstanding, based on a strong foundation of religious and cultural ties.
"Saudi Arabia is accustomed to standing beside Bangladesh and helping it, especially in times of hardship. The Bangladeshi nation loves Islam and the Kingdom wholeheartedly, which gives great importance to the Kingdom of Saudi Arabia," he said.
The envoy mentioned that millions of Bangladeshis are working in different sectors in the Kingdom, which is recognised as the "greatest labour market in the world."

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