Bangladesh, Saudi Arabia poise to boost trade, investment cooperation:  Foreign Adviser

BSS
Published On: 07 Oct 2025, 20:45 Updated On:07 Oct 2025, 20:53
Foreign Adviser Md. Touhid Hossain spoke at the inauguration ceremony of the Saudi  Arabia-Bangladesh Chamber of Commerce and Industry as the chief guest at a  city hotel this evening. Photo: BSS

DHAKA, Oct 7, 2025 (BSS) - Foreign Adviser Md. Touhid Hossain today laid 
emphasis on promoting trade and investment as well as a bridge for friendship 
between the two brotherly nations-- Bangladesh and Saudi Arabia.

He made the remark while speaking at the inauguration ceremony of the Saudi 
Arabia-Bangladesh Chamber of Commerce and Industry as the chief guest at a 
city hotel this evening.

Highlighting the deep-rooted relations between the two countries, the Foreign 
Adviser said, "Bangladesh and the Kingdom of Saudi Arabia share a long 
history of brotherly relations. Our bond is rooted in faith, mutual respect 
and cooperation."

He noted that more than three million Bangladeshis are currently contributing 
to both economies through their hard work and dedication in the Kingdom.

"By 2030, we hope this number will reach to five million. I am confident that 
in future we would be able to send more skilled manpower to support Saudi 
Arabia's Vision 2030 projects while also benefiting countless families in 
Bangladesh," he added.

Touhid Hossain said the people of Bangladesh hold the Kingdom of Saudi Arabia 
in special regard as the custodian of the two holy mosques.

"Under the visionary leadership of both HM King Salman bin Abdul Aziz Al Saud 
and HRH Crown Prince and Premier Prince Muhammad bin Salman, Saudi Arabia is 
poised to a new hub for trade, technology and innovation in the Middle East," 
he said.

Referring to major global events such as the World Expo 2030 and FIFA World 
Cup 2034 to be hosted by the Kingdom, he observed that "launching this 
Chamber is a timely initiative in this context."

The Foreign Adviser underlined the importance of expanding cooperation beyond 
manpower export. 

"Beyond manpower, we must focus on trade and investment cooperation," he 
said, adding that Bangladesh welcomes Saudi participation in key sectors such 
as energy and infrastructure.

"There is huge potential for investment in power plants, oil refineries, 
ports, airports, and other mega projects that will shape our nation's 
future," he continued.

He mentioned that Bangladesh has created an investor-friendly environment 
with exclusive economic zones, including one dedicated solely for Saudi 
investors. 

"These policies show our government's strong commitment to foreign investment 
and smoother economic relations," he noted.

The Foreign Adviser also emphasized emerging industries and innovation as new 
frontiers of cooperation between the two nations.

"We must recognize that industries such as the Halal economy, digital 
technology and AI, semiconductors and electronics, biotechnology, health and 
life sciences, and FinTech will be central to achieving the ambitions of 
Saudi Vision 2030," he said.

"With capital from the Public Investment Fund (PIF) and the talent of 
Bangladesh's young workforce, we can transform bold ambitions into real 
achievements," he added.

Reaffirming Bangladesh's readiness to deepen bilateral engagement, he said, 
"Bangladesh stands ready to work closely with the Kingdom for stronger 
bilateral ties. Together, we can simplify procedures, improve connectivity, 
and strengthen cooperation across commerce, aviation, tourism, and beyond."

Touching on a note of solidarity, the Adviser reiterated Bangladesh's 
principled stance on global issues concerning the Muslim world.

"Bangladesh firmly stands for Free Palestine. It is time for all Muslim 
countries to unite, to raise one voice, and to ensure peace, dignity, and 
justice for the Palestinian people," he stated.

Touhid Hossain said the long-standing Bangladesh-Saudi Arabia relationship is 
both "strategic and forward-looking".

"The message today is simple: our relationship is not only historical, it is 
also strategic and forward-looking. Together, Bangladesh and Saudi Arabia can 
achieve prosperity, security, and dignity for our peoples," he said.

"Let this chamber be the lighthouse of cooperation, guiding us toward new 
horizons of business, friendship, and shared success," the Foreign Adviser 
added.

BNP Standing Committee Member Abdul Moyeen Khan spoke as special guest at the 
event. 

Central Nayeb-e- Ameer of Bangladesh Jamaat-e-Islami Mujibur Rahman, Saudi 
Arabia-Bangladesh Chamber of Commerce and Industry President Ashraful Haque 
Chowdhury and its vice-president Ahmed Yusuf Walid also present on the 
occasion, among others.
 
 

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