Saudi investors looking to invest USD 5b in BD tourism sectors

Dhaka: Investors from Saudi Arabia are keen to invest billions of dollars in several sectors of Bangladesh, mainly tourism and aviation, said Saudi Ambassador to Bangladesh Essa Yussef Essa Al Dulaihan on February 18.

Assuring working tighter in the uplifting aviation sector, the envoy said Saudi investors want to finance near about USD 5 billion in tourism sectors of Bangladesh.

State Minister for Civil Aviation and Tourism M Mahbub Ali welcomed Saudi Arabia's wish to invest in the country’s tourism sector. "Working together with the Saudi financier for expansion of Bangladesh tourism alongside the aviation industry will be jubilant for us," Mahbub said.

He made the comment while Saudi Ambassador to Bangladesh Essa Yussef Essa Al Dulaihan paid a courtesy call on him at the secretariat in the capital.

The state minister conveyed gratitude to Saudi authority for extending support to Bangladeshi expat workers there during the Covid-19 pandemic, a press release said. Mahbub also urged the envoy to take back 86 thousand Bangladeshi workers who got new visas.

By praising the current development spree under the dynamic leadership of Prime Minister Sheikh Hasina, Al Dulaihan said the bilateral relationship between the two countries is profound and strong.

During the meeting, Civil Aviation and Tourism Secretary Md Mokammel Hossain was also present, among others.

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