Dhaka, Bangladesh
Tofail invites Saudi businessmen to invest in SEZ

Tofail invites Saudi businessmen to invest in SEZ

Commerce Minister Tofail Ahmed on Wednesday invited Saudi Arabian businessmen to invest in special economic zone taking the opportunity of Bangladesh's invest friendly facilities, reports BSS. He made the call at a business meeting with the visiting 21-member high level business delegation of Saudi Arabia in a city hotel organized by the FBCCI. Citing the initiative of the Prime Minister of developing 100 Special Economic Zones (SEZs) in the country, the commerce minister said: "Saudi Arabian businessmen could invest here as Bangladesh government is offering special facilities to the foreign investors." He said foreign entrepreneurs are getting cent percent investment opportunity in Bangladesh. "Foreign investors could bring back their investment with profit any time and the government has secured the investment by law." Under the 7th five year plan, Tofail said, the government has taken special initiative to increase the export items along with expanding export market. The commerce minister noted bilateral trade is remained stagnant at $ 800 million, but it could be boosted further if businessmen of both the countries make steps forward. FBCCI leaders, members of business delegation and high officials, among others, also spoke on the occasion with FBCCI President Shafiul Islam Mahiuddin in the chair.

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