Saudi Arabia keen to establish economic zone in Payra

Share

Prime Minister’s Private Industry and Investment Adviser Salman F Rahman has said Saudi Arabia has shown keen interest to set up a special economic zone at Payra in Patuakhali.

“We want to give Saudi Arabia an economic zone in Bangladesh. Their investment minister has also expressed interest in building an economic zone in Payra,” an official release quoted Salman as saying.

According to the today’s release, Salman apprised the newsmen of Saudis interest at a press briefing at the Bangladesh Investment Development Authority (BIDA) building on Tuesday following his three-day visit to Saudi Arabia.

In Saudi Arabia, the PM’s adviser said through a joint venture, Bangladesh will establish a urea fertiliser factory.

“We will import 100 percent of the produced urea. They want to go forward with the proposal,” he said.

Referring to the Islamic Military Counterterrorism Coalition (IMCTC) meeting, Salman said, “We have agreed on some issues in the meeting. Our position is against terrorism in the name of Islam. Terrorism is terrorism. Terrorists have no religion. All they do is to defame Islam.”

Participants in the meeting have agreed to strengthen collaboration among Islamic nations through this organisation, he mentioned.

Recent Posts

  • National

Govt will hold “best election” in Bangladesh’s history: CA

Chief Adviser Dr Muhammad Yunus has assured the Asian Network for Free Elections (ANFREL) that… Read More

16 hours ago
  • National

Women’s Affairs Reform Commission to submit report to CA this afternoon

The Women's Affairs Reform Commission will submit its report to Chief Adviser Professor Muhammad Yunus… Read More

16 hours ago
  • National

EU delegation pays courtesy call on Supradip in Bandarban

A European Union (EU) delegation headed by its Ambassador and Head of Delegation in Bangladesh… Read More

2 days ago
  • World News

France hails ‘positive process’ as Europe, US discuss Ukraine ceasefire

France hailed talks on the Ukraine war between top US and European officials on Thursday… Read More

2 days ago
  • National

Pahela Baishakh is the symbol of “our harmony”: CA

Chief Adviser Professor Muhammad Yunus today said Pahela Baishakh is the symbol of "our harmony"… Read More

7 days ago
  • World News

Gaza hospital damaged in Israeli strike: civil defence

Gaza's civil defence agency said an Israeli airstrike destroyed parts of a hospital early Sunday… Read More

7 days ago