BSS
  08 Jan 2023, 18:19
Update : 08 Jan 2023, 18:36

UAE's Essential FZC LLC to invest 10mln Dirham in Bangladesh

DHAKA, Jan 8, 2023 (BSS) - The Essential FZC LLC of the United Arab Emirates 
will invest 10 million dirham as an initial investment in a dedicated project 
of Cityscape International Ltd. in Bangladesh for promotion of its newly 
introduced happiness concept under the brand Cityscape Lifestyle.

In this regard, a formal memorandum of understanding (MoU) was signed at a 
hotel in Dubai recently. Chairman of The Essential FZC LLC Mohamed Murad and 
Managing Director of Cityscape International Nahid Sarwar signed the MoU on 
behalf of their respective organisations.
 
The Essential FZC LLC also handed over their investment cheque to Cityscape 
International Ltd, said a press release here today.

Mohamed Murad said: "This collaboration will create an opportunity for both 
the countries to provide technological support and investment in Green 
Business Development." 

Nahid Sarwar said: "I feel positive that this partnership will boost the 
entire image of Bangladesh in a wider aspect of development private sectors 
initiatives."

Cityscape International Ltd is a leading green business concern recognized 
for its intelligent green construction, eco-resort, health and wellness, 
education and climate-based innovation making a difference in the 
communities. 

The Essential FZC LLC is a private company of the United Arab Emirates (UAE) 
that supports new digital technologies and business models that provide 
integrated solutions and services for a variety of industries including 
employment and trading.