UAE expresses its interest to invest in Bangladesh

UAE expresses its interest to invest in Bangladesh

Agency News

New York, Oct 1: Highlighting the potential economic opportunities in Bangladesh, UAE Minister of State for Foreign Affairs, Dr Anwar Mohammed Gargash expressed his interest to put in more investments in the country, said a statement issued by Bangladesh Foreign ministry.

State Minister for Foreign Affairs, Md Shahriar Alam, who met with his UAE counterpart on the sidelines of ongoing 73rd session of the United Nations General Assembly, welcomed the interest and mentioned that he would facilitate the UAE proposal.

Dr. Gargash sought cooperation of the government of Bangladesh in getting lands for establishing an exclusive economic zone for the UAE companies. In this regard, Mr Alam informed that the newly formed Bangladesh Investment Development Authority (BIDA) could provide the UAE businesses with services they need to expand their investments and business in Bangladesh.

Mr Alam while thanking the UAE government for hosting a large number of expatriate Bangladeshi workers requested the further opening up the job market for professional categories including doctors, engineers, architects and technical persons in the construction sector.

The UAE Minister hoped that the trade between the countries would increase further in the days ahead. UNI