Saudi Arabia keen to set up SEZ in Bangladesh's Payra

09 Feb '24

1 min read

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Saudi Arabia is keen to set up a special economic zone at Payra in Patuakhali district of Bangladesh's Barisal division, Salman Fazlur Rahman, the prime minister's private industry and investment adviser, recently said.
Bangladesh too wants to give the former an economic zone, Salman told newsmen in Dhaka after concluding his three-day visit to Saudi Arabia.

Saudi Arabia is keen to set up a special economic zone at Payra in Patuakhali district of Bangladesh’s Barisal division, Salman Fazlur Rahman, the prime minister's private industry and investment adviser, recently said.

"We want to give Saudi Arabia an economic zone in Bangladesh. Their investment minister has also expressed interest in building an economic zone in Payra," Salman told newsmen in Dhaka after concluding his three-day visit to Saudi Arabia.

Bangladesh will set up a urea fertiliser factory in Saudi Arabia through a joint venture for importing all fertilizer produced there, he informed.

ALCHEMPro News Desk (DS)

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