Ambassador of the Kingdom of Saudi Arabia (KSA) to Bangladesh Essa bin Yousef Al Duhailan has said Saudi companies have expressed their eagerness to invest in Bangladesh in various sectors because of peace, political stability, rules-regulations and good incentives.
"This will help take the strong bilateral relationship to a new height as well as assist Bangladesh government to fulfil its vision of reaching the list of developing countries by 2026," he said.
The Saudi-Bangladesh relations witnessed more strength after the visit of Prime Minister Sheikh Hasina to the Kingdom in 2016 and meeting with the King of Saudi Arabia Salman Bin Abdul Aziz Al Saud, as well as frequent high-level visits by a number of Bangladeshi high officials to Saudi Arabia and vise-versa, said the ambassador in a message marking the 92nd Saudi National Day on September 23.
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He said the Saudi-Bangladesh relations are deep-rooted and excellent based on a solid foundation of religious, cultural, economic and humanitarian ties.
Saudi Arabia always stands beside Bangladesh helping it, especially in times of hardship, the envoy said.
On the other hand, huge numbers of Bangladeshi - around 2.6 million - are working in different sectors in the Kingdom, which is recognised as the greatest labour market in the world. More than $3.5 billion in remittance is sent by Bangladeshi workers from Saudi Arabia every year.
The Kingdom has a great contribution to the betterment of the living standards of all people of this country, said the ambassador. It is recognised as a leading country which always extends its hand for cooperation and help to Bangladesh whenever it is afflicted by disasters, he said.
The ambassador mentioned that his country has given its assistance to Bangladesh for financing different projects, like building houses, schools, mosques, orphanages and shelter homes for protection from natural disasters, as well as building hospitals, bridges and electric power plants.
