Wednesday, July 24, 2019 | ePaper

UAE keen to invest in BD

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Staff Reporter :
Ambassador of the UAE to Bangladesh Saed-Mohammed Al-Mheiri on Sunday said his country is keen to boost investment in Bangladesh in order to deepen bilateral relations.
''My country is eager to boost investment in different sectors in Bangladesh and we would like to extend our hands to businessmen of both the countries in order to increase the business volume," the ambassador said while delivering speech at the Business Conference and Networking Session on ''UAE- Bangladesh Business Ties: Present Status and Future Opportunities'' at a city hotel.
The Embassy of the UAE in Bangladesh in association with Intraco group and Royal Paradise arranged the event.
Businessmen from both the countries discussed on current trends of trade and investment, success stories, operational problems of doing business, future growth prospects and prioritized cooperation areas at the event. They also discussed the ideas and propositions that will mutually benefit both countries.
The ambassador also pointed out that the recent visit of Prime Minister of Bangladesh to UAE has given a new height of brotherly ties with both the country.
"Over the visit, several MoUs signed in the governmental and private sector level. The implementation of these MoUs will move forward our bilateral ties in the next level," he said.
The Deputy Head of mission of the UAE Embassy in Bangladesh Abdullah Ali AL Hamoudi, Executive Chairman of Bangladesh Investment Development Authority BIDA Kazi M. Aminul Islam, Managing Director of Intraco Group Mohammed Riyadh Ali, Emirates Airlines Country Manager Saeed Abdullah AL Miran, Vice-President of Dhaka Chamber of Commerce and Industry (DCCI) Imran Ahmed, Chairman and Managing Director of AL Haramain Perfumes and Chairman NRB Bank Mohammed Mahtabur Rahman, among others business stake holders spoke on the occasion.

Ambassador Al- Mheiri said the two-way trade has significantly increased in the recent years and both countries bilateral trade crossed USD 1 billion and we have a room to expand our business and economic ties in the areas of energy and power,  RMGs, ports and aviation's, leather & jute goods, light engineering's, jewelry items, flowers and ornamental items, plastics, etc.
He further said Bangladesh has set an example in the world by providing shelter for Rohinyga Muslims in Bangladesh and UAE is also raised its voice globally and extended wholehearted support on the humanitarian ground on Rohingya's growing need for aid including shelter, food, water and healthcare through different organizations.
''Many UAE companies are also keen to invest and do business in different sectors in Bangladesh'' he continued.
Executive Chairman of Bangladesh Investment Development Authority BIDA Kazi M. Aminul Islam said, UAE-Bangladesh relations are deep rooted and excellent, recent visit of Prime Minister of Bangladesh to UAE has given a new dimension our brotherly ties. Recently the two friendly nations have also signed several memorandums of understanding on economic cooperation. 

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