On Tuesday, Bangladesh Bank Governor Dr Ahsan H. Mansur asked Saudi Arabia's Public Investment Fund (PIF) to invest in Bangladesh.
"I noticed that PIF has made significant investments in South Asia, particularly in India, but not yet in Bangladesh." My humble proposal is that Saudi public and private funds come to Bangladesh," he remarked during the 'Saudi Arabia-Bangladesh Business Summit 2025' and the formal inauguration of the Saudi Arabia-Bangladesh Chamber of Commerce and Industries (SABCCI) in the capital.
Ahsan H. Mansur, however, mentioned that Bangladesh and Saudi Arabia have immense potential to strengthen economic cooperation, as their economies complement each other in labor, trade, and investment.
“Bangladesh is a resilient and dynamic economy that has maintained positive growth for three decades despite numerous global and domestic challenges,” he added. He said that there is strong scope for cooperation in energy, trade, and investment, given that Bangladesh needs energy and capital, while Saudi Arabia has both in abundance. "We can export goods like textiles and other products, which could find a strong market in Saudi Arabia," he added.
He also stressed the importance of enhanced financial cooperation to make remittance transfers more efficient and affordable for Bangladeshi migrant workers in Saudi Arabia.
Dr Mansur expressed optimism that the newly formed SABCCI would serve as a bridge to strengthen business-to-business and investor-to-investor linkages between Bangladesh and Saudi Arabia.
-BSS
