ECONOMIC PARTNERSHIP: President advocates for Qatar’s role in SEZ growth

block

City Desk :
President Mohammed Shahabuddin on Tuesday sought Qatar’s investment in the Special Economic Zones (SEZs) in Bangladesh as he held a meeting with visiting Amir of Qatar Sheikh Tamim bin Hamad Al-Thani at the Bangabhaban.

“Bangladesh government has set up 100 SEZs for foreign investors and Qatari investors can invest there.

They may invest in agro-production and processing, food packaging, smart agriculture and fertilizer production,” he told the Amir, reports BSS.

President Shahabuddin said the Qatari investors can avail the comprehensive incentives and support in investing in some areas like petro-chemical, energy, machineries, IT, electronics, ceramics, agri-business and food processing in the SEZs.

President’s Press Secretary Md Joynal Abedin briefed the BSS after the meeting.

Acknowledging Qatar as a valued partner of Bangladesh in the Gulf region, the President said the Amir’s visit and singing of agreements and memorandums of understanding (MoUs) reflects the commitment of further expanding and deepening bilateral cooperation in days to come.

block

Shahabuddin expressed gratitude to the Qatar government for hosting around 3.75 lakh Bangladeshi nationals as they are contributing to the socio-economic development of both Qatar and Bangladesh.

The Head of the State urged the Qatar Amir to recruit more semi-skilled and skilled young manpower, IT experts, professionals and technicians from Bangladesh.

Thanking the Qatar government for providing Liquefied Natural Gas (LNG) to Bangladesh, the President sought long-term energy assistance from Qatar.

Mohammed Shahabuddin also requested Qatar for an early implementation of the MoU on Defence Cooperation and the agreement with Qatar Armed Forces concerning deputation of officers in Qatar.

He said both sides need to engage more to tap trade and business potentials as the bilateral trade stands at 2.220 billion in 2022-23 and Bangladesh exported goods worth $43 million.