Top UAE firms eager to invest in Bangladesh: Envoy tells CA

The United Arab Emirates (UAE) is eager to invest in Bangladesh's logistics, ports, aviation and renewable energy sectors, and is ready to support the interim government.

UAE Ambassador in Dhaka Abdulla Ali Abdulla AlHmoudi said this during a meeting with Chief Adviser Prof Muhammad Yunus at the State Guest House Jamuna in the city on Tuesday, reports BSS.

At the meeting, Prof Yunus thanked UAE President Mohamed bin Zayed Al Nahiyan for releasing 57 Bangladeshis who were convicted and sentenced by a UAE court recently.

"It was a wonderful gesture. The whole nation was very happy," Prof Yunus said.

He also thanked the UAE government for hosting about one million Bangladeshi migrants.

Ambassador AlHmoudi expressed his government's support for Bangladesh at a 'critical time of the country', and said the UAE would stand by the interim government and its pro-business policies and reform agenda.

He said the DP World, one of the world's largest port operators, and Abu Dhabi Ports are very keen to invest in Chittagong port to help boost the country's export competitiveness in the world.

The ambassador also said Masdar, a top firm in the UAE, is also interested in investing in renewable energy, including floating solar projects similar to those it has developed in Indonesia.

Prof Yunus said his government has already rolled out business-friendly policies and would be happy to see more investments from the UAE and visit of more Emirati business people to Bangladesh.