Qatar keen to invest in LNG, power sectors
Qatar has expressed interest to invest in Bangladesh's liquefied natural gas (LNG) and power generation sectors and deepen the existing cooperation in areas of trade and investment, infrastructure development and exploration of gas.
This was stated by Qatari Minister for Energy and Industry Mohamed Bin Saleh Al Sada after talks with Bangladesh's Foreign Minister AH Mahmood Ali on Sunday when they discussed deepening the cooperation between Bangladesh and Qatar in a wide range of areas, according to a statement.
Citing the recent success in bilateral talks between RasGas Company, the second-biggest LNG producer in Qatar, and Petrobangla of Bangladesh, the Qatari energy minister said officials of Nebras Power could visit Bangladesh to explore the possibility of investment in the power generation sector.
Ali also called on Issa Saad Al-Jafali Al-Nuaimi, minister for administrative development and labour, who informed the Bangladesh minister about the new legislation promulgated by Qatar on manpower recruitment and held out its various positive aspects.
Ali appreciated the new reforms in the labour law of Qatar, which he said would ultimately benefit both sides.
The Qatari labour minister expressed the willingness of the government of Qatar to recruit professionals like doctors, engineers, IT experts, bankers and management specialists alongside semi-skilled and unskilled workers from Bangladesh.
Ali also attended a series of meetings with the Qatari leaders.
In a meeting, Prime Minister of Qatar Sheikh Abdullah Bin Nasser Bin Khalifa Al Thani lauded the honest and hardworking Bangladeshi workers -- their number being 380,000 in the Gulf state now -- for their contribution to the development of Qatar.
Ali said Bangladesh can also provide professionals like doctors, nurses and teachers along with the traditional workforce.
Ali also held official talks with State Minister for Foreign Affairs Soltan bin Saad Al-Muraikhi and discussed issues of mutual interest including bilateral trade and investment prospects.
Citing that Bangladesh is building 100 special economic zones, Foreign Minister Ali said if Qatari investors want, the government can offer them an exclusive zone.
The Qatari energy minister suggested Bangladesh consider entering into a framework economic cooperation with the Gulf Cooperation Council to have wider engagement in trade and investment not only with Qatar but also with the countries in the region.
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