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.