Dhaka, Oct 29 (V7N)- The United Arab Emirates (UAE) has expressed strong interest in investing in Bangladesh’s logistics, port infrastructure, aviation, and renewable energy sectors, the UAE ambassador stated on Tuesday, offering support for Bangladesh’s interim government.

UAE Ambassador to Dhaka, Abdulla Ali Abdulla AlHmoudi, conveyed these intentions during a meeting with Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna. Prof. Yunus extended gratitude to UAE President Mohamed bin Zayed Al Nahyan for the recent release of 57 Bangladeshis sentenced in UAE courts, acknowledging the positive gesture and its impact on the nation’s morale. Additionally, Prof. Yunus expressed appreciation for the UAE’s continued hospitality toward one million Bangladeshi expatriates.

AlHmoudi reiterated the UAE's backing of Bangladesh during this “critical time” and assured the nation of its commitment to support the interim government’s pro-business policies. He highlighted specific interests from UAE firms, noting that DP World and Abu Dhabi Ports are particularly interested in developing the Chittagong port to enhance Bangladesh’s global export competitiveness. Furthermore, the ambassador revealed that Masdar, a leading renewable energy company, is looking to invest in Bangladesh’s renewable sector, including potential floating solar projects, similar to those it established in Indonesia.

Prof. Yunus welcomed these prospective investments and encouraged further engagement from UAE businesses, emphasizing the government’s recent rollout of business-friendly policies aimed at fostering international investment.

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