PM looks for bigger UAE interest in Bangladesh

PM Sheik Hasina on Sunday looked for both open and private speculation from UAE in bigger volume in potential parts, for example, RMG, IT, farming and uncommon monetary zones in Bangladesh for shared exchange advantage of the nation.

“Our legislature has taken activities to pull in outside interests in our Economic Zones, Special Economic Zones and High Tech Parks,” she said this while tending to a supper gathering orchestrated in her respect by the Bangladesh Embassy in Abu Dhabi at Shangri-La Hotel.

Sheik Hasina said Bangladesh Economic Zone authority is offering one-stop administrations to the financial specialists for in excess of 100 foundation related and utility administrations.

Taking note of that Bangladesh offered the most liberal venture approach in South Asia, she said the UAE financial specialists may put resources into readymade pieces of clothing, foundation building, developments, correspondence, vitality, IT, shipbuilding, the travel industry framework, light designing, mechanical park and coordinations center point in Bangladesh.

Outside Minister Dr AK Abdul Momen additionally talked on the event while Bangladesh Ambassador to the United Arab Emirates (UAE) Muhammad Imran gave the welcome discourse.

Executive and Managing Director of RELAM Investment Sultan Al Rashed Lootah, Chairman and Managing Director of Emirate Islami Bank Hesham Abdullah Al Qassim and Managing Director (International Operations) of Malabar Gold Shamlal Ahamed, among different business people, were available.

Explaining the remote speculation assurance strategy, Sheik Hasina stated, “It incorporates security of outside venture by law; liberal assessment occasion; concessionary obligation on import of hardware; unhindered leave approach; full repatriation of profit and capital on exit, to give some examples.”

The fare of rural and argo-based items comprises one of our significant fares after readymade articles of clothing, she stated, including, “We invite the UAE business visionaries to put resources into Bangladesh in agro and nourishment preparing parts.”

Taking note of that there is a tremendous capability of shared exchange and venture among Bangladesh and UAE alongside open doors for common community commitment, she stated, “We have distinguished numerous potential divisions for advantageous joint effort among Bangladesh and UAE both in broad daylight and private segments.

The chief trusted that the nearby collaboration between Bangladesh Investment Development Authority (BIDA) and Economic Development Authority of UAE, and Bangladesh Economic Zone Authorities (BEZA) and Emirates Economic Zone authority will assume significant job in advancement of business and speculation among Bangladesh and UAE.

Expressing that shared exchange among Bangladesh and UAE is relentlessly developing, she stated, “I accept, with our common endeavors, the respective exchange may additionally be differentiated and improved.”

“The relations among Bangladesh and United Arab Emirates have grown essentially in the ongoing past and accomplished another tallness. The relations are multifaceted and differentiated which are consistently growing in numerous zones,” she included.

The chief additionally called upon UAE to import Bangladeshi merchandise, saying, “The UAE may import with aggressive costs Bangladeshi items like pharmaceuticals, jute and jute products, fired, cowhide, nourishment things, plastic merchandise, knitwear, solidified nourishment, material and home material, rural items and designing items.”

She reviewed her visit to the UAE in February this year when understandings were marked among Bangladesh and UAE on foundation of port, mechanical park, setting up of intensity plants and LNG terminal, supply of LNG and interest in the Economic Zones.

“Following my visit, we have gotten very positive reaction from the UAE side. The UAE firms have concocted recommendations of interest in our capacity and vitality part, including sunlight based vitality,” she included.

“They have additionally demonstrated enthusiasm for foundation of LNG terminal and port. We have likewise gotten proposition from Emirates Economic Zone to set up its endeavors in Bangladesh Economic Zone on G2G premise,” she proceeded.

The chief additionally said that Emirates Economic Zone might want to set up feasible Economic Zone, Halal Food preparing unit and confirmation focuses. “We have respected the proposition since farming is our major financial establishment,” she included.

Sheik Hasina said that it is encouraging to take note of that tremendous changes have occurred in the financial and advancement divisions of both Bangladesh and UAE.

“These days, Bangladesh and United Arab Emirates have multidimensional relations which have changed from uni-dimentional connection of just fare of Bangladeshi labor to the UAE,” she included.

The head said that relationship has now been expanded in different segments like vitality and power, speculation, foundation building, specialized collaboration in venture, trade of business appointments and advancement participation.

“Right now, Bangladesh is viewed as miracle of advancement in universal field. Bangladesh is one of the quickest developing economies of the world,” she said.

Expressing that there stays a developing need of gas and power in Bangladesh inferable from fast industrialization, the leader stated, “Vitality related collaboration with the UAE would significantly encourage our industrialization procedure.”

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