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Tofail seeks Saudi investment in EZs

Published: December 05, 2017 17:11:44 | Updated: December 08, 2017 11:08:20


Commerce Minister Tofail Ahmed on Tuesday urged the investors of Saudi Arabia to invest in the economic zones (EZ) in the country and get tax and quota free import prospects.

"Saudi can get tax-and quota-free import prospect by investing in Bangladesh. We have one hundred economic zones where Saudi can invest; we shall provide them assistance and all kinds of support."

The minister said it during a meeting with Saudi Business delegation led by Moshabab Abdullah Alkatani, executive president of International Marketing Investment Company Group Limited of Saudi Arabia, at the secretariat.

Finance Minister AMA Muhith was also present, says a report on BSS.

Meanwhile, the Finance Minister AMA Muhith said, "We (Saudi-Bangladesh) have completed enough agreements, now we are expecting expansion of trade between the two friendly countries.

"We are hoping that the trade agreements between the countries should be structural which can lead to more expansion and bring diversification in future", he added.

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