PM seeks larger UAE investment

Prime Minister Sheikh Hasina today sought both public and private investment from UAE in larger volume in potential sectors such as RMG, IT, agriculture and special economic zones in Bangladesh for mutual trade benefit of the country.

“Our government has taken initiatives to attract foreign investments in our Economic Zones, Special Economic Zones and High Tech Parks,” she said this while addressing a dinner reception arranged in her of honour by the Bangladesh Embassy in Abu Dhabi at Shangri-La Hotel here.

Sheikh Hasina said Bangladesh Economic Zone authority is offering one-stop services to the investors for more than 100 infrastructure-related and utility services.

Noting that Bangladesh offered the most liberal investment policy in South Asia, she said the UAE investors may invest in readymade garments, infrastructure building, constructions, communication, energy, IT, shipbuilding, tourism infrastructure, light engineering, industrial park and logistics hub in Bangladesh.

Foreign Minister Dr AK Abdul Momen also spoke on the occasion while Bangladesh Ambassador to the United Arab Emirates (UAE) Muhammad Imran gave the welcome speech.

Chairman and Managing Director of RELAM Investment Sultan Al Rashed Lootah, Chairman and Managing Director of Emirate Islami Bank Hesham Abdullah Al Qassim and Managing Director (International Operations) of Malabar Gold Shamlal Ahamed, among other entrepreneurs, were present.