Finance Minister AMA Muhith yesterday sought more Saudi Arabian investments in infrastructure, power and other sectors in Bangladesh, saying the government is providing all sorts of supports to the investors, reports BSS.

“Since 2015, there is an investment friendly environment in the country. Earlier, Foreign Direct Investment (FDI) was US $1.2 billion, but now it is $2.2 billion,” he told journalists after a meeting with a Saudi Arabian business team at Commerce Ministry in the capital.

Among others, Commerce Minister Tofail Ahmed also attended the meeting and briefed the journalists over the outcome.

Executive president of the International Marketing Investment Company

Limited Moshabab Abdullah Alkahtani led the Saudi delegation.

Muhith urged the authorities concerned to take necessary steps for diversifying export market in the Kingdom of Saudi Arabia (KSA) for reducing the trade gap between the two countries.