The Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) has called upon the businessmen and entrepreneurs of the Kingdom of Saudi Arabia (KSA) to invest in Bangladesh.
A visiting business delegation of the FBCCI made a courtesy call to the Governor of Foreign Trade Affairs of Saudi Arabia in Riyadh on Wednesday. The call was made during the meeting.
FBCCI President Mahbubul Alam, Vice President Khairul Huda Chapal, Md Munir Hossain, and others were present at the meeting.
The FBCCI president said that Bangladesh is currently considered as a suitable place for setting up business and industry in the South Asian region.
“Bangladesh's advanced infrastructure with modern and advanced multi-modal connectivity is being developed across the country. The government is working with the private sector to ensure a business-friendly environment through one-stop service. Emphasis has been given on the development of energy sector and logistics services,” the FBCCI president said.
He expressed optimism that KSA’s businessmen and entrepreneurs will be encouraged to increase their investment in Bangladesh.
In response, Abdul Rahman Al-Harbi, governor of foreign trade affairs of Saudi Arabia, said, “If Bangladesh extends policy support to the private sector, I believe that the businessmen of Saudi Arabia will be interested in investing there.”
He assured that the Saudi government will be sincere in strengthening bilateral trade relations between the two countries.
The meeting was also attended by the General Manager of the Saudi government's private sector division Kohtan F Al-Dagaithar, Deputy Chief of Mission of the Bangladesh Embassy in Saudi Arabia Md. Abul Hasan Mridha and Economic Minister Murtuza Zulkar Nain.
A 35-member business delegation of the FBCCI is now visiting Saudi Arabia.
