Dhaka: A high-level delegation from Saudi Arabia, led by Rumaih bin Mohammed Al-Rumaih, the Vice Minister of Transport and Logistic Services, and including the CEO of Red Sea Gateway Terminal International, paid a courtesy call on Bangladesh Prime Minister Tarique Rahman. The courtesy meeting was held on Wednesday at the Prime Minister’s Office in the National Parliament (Jatiya Sangsad) Bhaban. During the meeting, discussions focused on various aspects of bilateral friendly relations, investment, and expanding cooperation in infrastructure development between Bangladesh and Saudi Arabia. Members of the delegation expressed their commitment to further strengthening this relationship in the future. The Prime Minister stated that the long-standing friendly relations with Saudi Arabia are highly valued by his government, the Prime Minister’s Office said in a statement. The delegation informed the Prime Minister that Red Sea Gateway Terminal International is interested in constructing a Bay Terminal in Bangladesh with an investment of USD 180 million, as well as scaling up its investment in Bangladesh’s port management to USD 1 billion. Furthermore, the delegation conveyed that various Saudi entities, including Red Sea Gateway Terminal International, are keen on investing in other sectors of Bangladesh. The Prime Minister briefed the Saudi delegation on his [...]