DP World, UAE to invest in Bangladesh
Business Report :
Ambassador of the United Arab Emirates (UAE) to Bangladesh Abdulla Ali Abdulla AlHmoudi on Tuesday said the DP World, one of the world’s largest port operators, and Abu Dhabi Ports are very interested to invest in Chittagong port to help boost the country’s export competitiveness to the world.
He said Masdar, another top firm in the UAE, is also interested to invest in renewable energy, including floating solar projects, the kind of which it has built in Indonesia.
The UAE is very keen to invest in Bangladesh’s logistics, ports, aviation and renewable energy sector and expressed readiness to support the interim government of the country, said Ambassador of the Gulf nation when he called on Chief Adviser Prof Muhammad Yunus at the State Guest House Jamuna in the capital.
Prof Yunus said his government has already rolled out business-friendly policies and would be happy to see more investments from the UAE and visit of more Emirati businesspeople to Bangladesh, according to the Chief Adviser’s press wing.
During the meeting, Prof Yunus thanked UAE President Mohamed bin Zayed Al Nahiyan for the release of 57 Bangladeshi people after they were convicted and sentenced by a UAE court recently.
“It was a wonderful gesture. The whole nation was very happy,” said the Chief Adviser.
He also thanked the UAE government for hosting some 1 million Bangladeshi migrants.
Ambassador AlHmoudi expressed his government support for Bangladesh at a “critical time of the country” and said the UAE would stand by the interim government and its pro-business policies and reform agenda.