As advised to the Prime Minister on private industry and investment, Salman F. Rahman stated that the Kingdom of Saudi Arabia (KSA) officials have released a list of eighty Saudi firms that are eager to engage in different sectors of Bangladesh.
Salman, now in Saudi Arabia, spoke about possible investment opportunities in Bangladesh at meetings he attended with Saudi ministers and other prominent Saudi citizens.
Salman met with Saudi officials following his attendance at the World Economic Forum’s special meeting in Riyadh, a press release stated. He also met with the Chief of Staff and Secretary General of the Board of Directors of the Saudi Public Investment Fund, Saad Alkroud.
“PIF secretary general praised the economic development of Bangladesh and gave this information in a meeting: 80 Saudi companies have expressed interest in investing in Bangladesh,” Salman said.
He stated that Saudi Arabia is open to working with Bangladesh on energy issues. Mohammed Al Ibrahim, the assistant minister of energy for Saudi Arabia, stated that the Saudi government is actively examining the idea of purchasing crude oil from Bangladesh with postponed payment terms. They talked about a range of partnership-related topics at this point between the two nations.
Saad Alkroud expressed satisfaction with the investment of Saudi company Red Sea Gateway Terminal in Patenga port.
