Kuwait plans to build an oil refinery in BD

Business Desk :
Bangladesh and Kuwait have agreed to plans to develop a comprehensive roadmap in the next five years to strengthen bilateral cooperation in several sectors, including investment and building an oil refinery.
Prime Minister Sheikh Hasina and her Kuwaiti counterpart Sheikh Sabah Khaled Al-Hamad Al-Sabah discussed the major issues at the United Nations Headquarters in New York on Tuesday, Foreign Minister AK Abdul Momen said at a media briefing afterwards, reports bdnews24.com.
“It was a fruitful meeting. The Kuwaiti prime minister thinks Bangladesh and Kuwait will develop a roadmap and design actionable programmes in the next five years to strengthen our bilateral ties. He wants to cooperate on various projects as well.”
Momen said the foreign ministers of the two countries will sit for a meeting to chart out details of the roadmap soon.
Noting that five big projects are currently being implemented with finance from Kuwait, Momen said Bangladesh wants to do more and Kuwait is also keen to pursue additional projects.
“Kuwait has planned an initiative to build an oil refinery in Bangladesh and the prime minister agreed to provide them land for the refinery,” Momen added.
Some 20,000 Bangladeshi troops have worked as peacekeepers in Kuwait since the Gulf War. Kuwait expressed its gratitude to Bangladesh for its support during these conflicts.