KSA keen to set up SEZ at Payra: Salman

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Staff Reporter :
Prime Minister’s Private Industry and Investment Adviser, Salman F Rahman, recently revealed Saudi Arabia’s strong interest in developing a special economic zone in Payra, Patuakhali, Bangladesh.

“Our goal is to create a special economic zone for Saudi Arabia in Bangladesh.

The Saudi Arabian Minister of Investment has expressed a significant interest in Payra for establishing such a zone,” Salman stated during a press conference at the Bangladesh Investment Development Authority (BIDA) office, following his return from a three-day visit to Saudi Arabia.

He highlighted the mutual interest and potential for collaboration between Bangladesh and Saudi Arabia in this endeavor.

Furthermore, Salman discussed plans for a joint venture with Saudi Arabia to set up a urea fertilizer factory in Bangladesh.

“Under this joint initiative, we plan to establish a urea fertilizer factory whose entire production will be exported to Saudi Arabia. They are keen on moving forward with this project,” he elaborated.

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Salman also touched upon discussions regarding terrorism at the Islamic Military Counterterrorism Coalition (IMCTC) meeting. He emphasized, “We addressed specific issues effectively during the meeting.

Our stance against terrorism is firm and unwavering, regardless of its purported connections to Islam.

We categorically condemn terrorism as it is a universal issue that transcends religious boundaries. Terrorists do not represent any religion, and their actions only tarnish the image of Islam.”

He highlighted the outcomes of the IMCTC meeting, noting that there was a consensus on boosting cooperation among Islamic countries through the coalition to combat terrorism.

The discussions focused on fostering stronger ties and collaborative efforts among member countries to tackle challenges related to counterterrorism effectively.