Investment agreement with KSA soon: Amu

Industries Minister Amir Hossain Amu said Saudi Arabia would ink bilateral investment agreement with Bangladesh soon to extend cooperation in industrial sector, reports BSS.
"Bilateral investment agreement between Saudi Arabia and Bangladesh has been finalised for signing, which would be taken place soon," said Amu, who is now in Saudi Arabia on an official visit.
The minister disclosed it after having a meeting with Saudi Arabian General Investment Authority (SAGIA) Deputy Governor and National Composite Centre President Saud K Al-Faisal at SAGIA headquarters, said a ministry press release yesterday.
Mentioning that Bangladesh is setting up special economic zones for the entrepreneurs of different countries, Amu said: "The government would consider offer of same facilities if the Saudi entrepreneurs move forward for investment."
The minister requested the SAGIA deputy governor to come ahead to invest jointly for the development of Bangladesh's salt industry as well as state-owned General Electric Manufacturing Company Limited, Eastern Cables Limited and Bangladesh Can Company Limited.

Investment agreement with KSA soon: Amu

Industries Minister Amir Hossain Amu said Saudi Arabia would ink bilateral investment agreement with Bangladesh soon to extend cooperation in industrial sector, reports BSS. Bilateral investment agreement between Saudi Arabia and Bangladesh has been finalised for signing, which would be taken place soon, said Amu, who is now in Saudi Arabia on an official visit. The minister disclosed it after having a meeting with Saudi Arabian General Investment Authority (SAGIA) Deputy Governor and National Composite Centre President Saud K Al-Faisal at SAGIA headquarters, said a ministry press release yesterday. Mentioning that Bangladesh is setting up special economic zones for the entrepreneurs of different countries, Amu said: The government would consider offer of same facilities if the Saudi entrepreneurs move forward for investment. The minister requested the SAGIA deputy governor to come ahead to invest jointly for the development of Bangladeshs salt industry as well as state-owned General Electric Manufacturing Company Limited, Eastern Cables Limited and Bangladesh Can Company Limited.