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The Financial Express

Saudi delegation says it eyes new chapter with Bangladesh

| Updated: March 07, 2019 17:33:16


Saudi eyes new chapter with Bangladesh

The chief of the visiting Saudi Arabian delegation has said that they have arrived in Bangladesh with the aim of starting “a new chapter” between the two countries.

Referring to the 52-strong Saudi delegation - the first-ever to visit Bangladesh - Majid Bin Abdullah Al Qosaibi, the Saudi minister for commerce and investment, said:  “The magnitude of our delegation is just a testimony that we are serious to open a new chapter and to enhance our communication and dialogue and enhance business relations between the two countries.”

Saudi Arabia’s Crown Prince Mohammed bin Salman has hailed Bangladesh as “a true Asian Tiger”, the minister added.

The delegation included Minister of Economy and Planning Mohammed bin Mezyed Altwaijri, representatives of Saudi Arabia’s Public Investment Fund and 17 top business groupsm, bdnews24.com reports.

Thursday’s day-long visit will follow the signing of a number of deals between the countries as Bangladesh expects investments worth $15 billion across a number of sectors ranging from energy to health to aviation.

Finance Minister AHM Mustafa Kamal, and Private Industry and Investment Adviser to Prime Minister Salman F Rahman also spoke at the opening of the dialogue.

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