United Arab Emirates has expressed a strong interest in investing in Bangladesh’s logistics, ports, aviation, and renewable energy sectors, according to UAE Ambassador Abdulla Ali Abdulla Al-Hmoudi. During a meeting with Professor Muhammad Yunus, chief advisor of Bangladesh’s interim government, at Dhaka’s state guest house, Jamuna, the ambassador conveyed the UAE’s readiness to support Bangladesh during this transitional period, particularly its pro-business policies and reforms.
Professor Yunus expressed gratitude to UAE President Mohamed bin Zayed Al Nahiyan for the recent release of 57 Bangladeshis who had been convicted in UAE courts, and he thanked the UAE for hosting around one million Bangladeshi expatriates. Ambassador Al Hmoudi indicated that UAE port operators, DP World and Abu Dhabi Ports, are interested in investing in Chittagong port to enhance Bangladesh’s export capabilities. Additionally, Masdar, a leading UAE renewable energy company, is considering investments in renewable energy projects in Bangladesh, including floating solar ventures similar to those implemented in Indonesia. Professor Yunus noted that Bangladesh’s interim government has introduced business-friendly policies and welcomes further UAE investment and visits by Emirati business leaders.
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