BSS
  05 Dec 2024, 00:19
Update : 05 Dec 2024, 00:25

Nahid urges Saudi Arabia to invest in IT sector

DHAKA, Dec 4, 2024 (BSS) - Posts, Telecommunications, and Information Technology Adviser Md Nahid Islam has urged Saudi Arabia to invest in Bangladesh's IT sector with a particular focus on high-tech parks.

“The present government is eager to strengthen its existing relationship with Saudi Arabia, ensuring that all ongoing projects between the two countries continue,” the adviser said this in a meeting today with Saudi Arabia's Ambassador to Bangladesh Essa Youssef Essa Al Duhailan at the secretariat.

Saudi Arabia's Ambassador praised the interim government expressing his belief that it will successfully lead the country toward prosperity, said a press release.

The ambassador assured that Saudi Arabia stands with Bangladesh and will continue to do so in the future offering support whenever needed.

He highlighted that around 3.2 million Bangladeshis are currently employed in Saudi Arabia, contributing significantly to their home country. Through official channels, they send 5 billion US dollars in remittances annually, with another 5 billion US dollars flowing through unofficial channels.

Replying to Ambassador’s request of prioritizing the passport renewal process for 69,000 unregistered individuals residing in Saudi Arabia, the advisor assured that the passport renewal process for Bangladeshi expatriates in Saudi Arabia would be expedited.

Ambassador Al-Duhailan further emphasized the importance of enhancing economic relations between the two countries, stating that Saudi Arabia is interested in investing more in Bangladesh.

He also mentioned that if a proposal from the ministry for investment in the IT sector is received, they would consult with Saudi IT experts to explore investment opportunities.

Nahid assured that measures would be taken to ensure no false information about any country, including Saudi Arabia, is broadcast in Bangladeshi media.

The meeting concluded with discussions on bilateral interests.