Advisor Touhid urges Saudi businesses to invest in ports, power, energy

Foreign Advisor Md Touhid Hossain has urged Saudi businesses to pour money in Bangladesh’s port, power and energy sectors. He made the call on Tuesday night at the launch of the Saudi Arabia–Bangladesh Chamber of Commerce and Industry (SABCCI) in Dhaka, where a 20-member Saudi delegation was present. “Bangladesh welcomes Saudi investment not only in manpower but also in power plants and renewable energy,” he said. “There is strong potential in our ports, power and energy sectors. We always welcome Saudi Arabia’s investment in such mega projects.” The advisor underscored the interim government’s commitment to offering long-term tax exemptions, profit repatriation guarantees and a business-friendly environment for foreign investors. The Saudi delegation was led by Sheikh Omar Abdul Hafiz Amir...