UAE keen to invest more in Bangladesh

The United Arab Emirates (UAE) has expressed interest to invest more in Bangladesh considering the potential economic opportunities in the country.

State Minister for Foreign Affairs M Shahriar Alam held a meeting with the Minister of State for Foreign Affairs of UAE Dr Anwar Mohammed Gargash in the margins of ongoing 73rd session of the United Nations General Assembly (UNGA) in New York on Friday and discussed the issue.

The UAE Minister sought cooperation of the government of Bangladesh in getting lands for establishing an exclusive economic zone for the UAE companies, said the foreign ministry here on Saturday.

Shahriar Alam welcomed the interest and mentioned that he would facilitate the UAE proposal.

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

ShahriarAlam 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.

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

The State Minister for Foreign Affairs is attending the 73rdsession of the UNGA in New York as a member of the official delegation headed by Prime Minister Sheikh Hasina.

Source: unb