Bangladesh seeks investments from UAE

18 Jan 2011

(MENAFN) Shaikha Hasina, the Bangladeshi Prime Minister, said that her country is going to sign two trade and investment agreements with the UAE as a part of the BangladeshÂ’s plan to enhance cooperation with the UAE, reported Gulf News.

Hasina is expected to meet the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Shaikh Mohammad Bin Zayed Al Nahyan, to discuss economic cooperation.

Hasina urged people in the UAE to invest in Bangladesh especially that the economy is expected to grow between 6 to 7 percent in the next few years. The government is also expected to make two $5.5 billion worth deals including a 26-km elevated expressway and a 6.15-km long bridge that will connect the southern Bangladesh.

It is worth mentioning that the construction of a new international airport, a deep-sea port, a metro rail project and several power and water projects could be available for the UAE investors.

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