BUSINESS

Saudi to invest $ 5 billion

Saudi investors are keen to invest around 5 billion US dollar in various sectors in Bangladesh, the kingdom’s ambassador to Dhaka has said.

Essa Yussef Essa Al Dulaihan, the Saudi Arabia ambassador to Bangladesh, said the investors are particularly interested in investing in the South Asian country’s tourism sector.

“Saudi Arabia is also interested in working with Bangladesh to develop the aviation industry,” he told State Minister for Civil Aviation and Tourism Md Mahbub Ali when they met at the secretariat.

Ali said he firmly believed that the two countries will be able to work together for developing the aviation sector as well. He thanked Saudi Arabia for looking after Bangladeshis during the pandemic.

Ali informed the ambassador that Biman Bangladesh Airlines is currently operating flights to Saudi Arabia under a special arrangement. He requested the kingdom to approve Biman’s scheduled flights and make arrangements to allow 86,000 Bangladeshi workers return to their workplaces.

Ambassador Essa lauded Prime Minister Sheikh Hasina’s leadership and said the bilateral ties between the two countries are deep and strong.

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