Abu Dhabi keen to investment in ceramics, petroleum, oil & gas sectors

News - Abu Dhabi keen to investment in ceramics, petroleum, oil & gas sectors
 The businessmen of Abu Dhabi has expressed their keen interest to invest in ceramics, petroleum, oil and gas sectors in Bangladesh.

The interest was shown when a 14-member Dhaka Chamber of Commerce and Industry (DCCI) trade and investment promotion delegation to the gulf countries, led by Md. Sabur Khan, had a business meeting on Monday with the Abu Dhabi Chamber at Abu Dhabi, said a release of the Dhaka Chamber.

During the meeting, a Memorandum of Understanding (MoU) was also signed between DCCI and Abu Dhabi Chamber. According to the MoU Abu Dhabi Chamber of Commerce is very keen to work together with DCCI to boost bilateral trade.

DCCI President Md. Sabur Khan said that the DCCI is planning to open a Regional Office in the United Arab Emirates (UAE) to promote two-way investment and trade between Bangladesh and the Gulf Cooperation Council (GCC) (comprises of Saudi Arabia, Kuwait, Bahrain, UAE, Oman and Qatar).

He said that the Regional Office will help organize trade missions and exhibitions as well as events to promote business event that will benefit the business community of both the countries.

Md. Sabur Khan also expressed his keen interest to engage more with large businesses of the GCC countries and explore investment and trade opportunities that will help boost economic relations with the Gulf countries, where a large number of non-resident Bangladeshis (NRBs) live, work and also do their businesses successfully.

He noted that more than 10,000 NRBs own businesses in the UAE that employ about 75,000 people.

Director General of Abu Dhabi Chamber of Commerce Mohamed Helal Al Muhairi, Ambassador of Bangladesh to Abu Dhabi Mohammad Imran, Political Counsellor Mohammed Shahadat Husain, Commercial Cousellor to Dubai Dr. Mahmud-Ul-Hoque and DCCI Senior Vice President Nessar Maksud Khan were present during the business meeting.

Source: UNB Connect