There’s a proposal to set up an industrial park in Bangladesh.

Dhaka: Bangladesh has urged the United Arab Emirates (UAE) to lift the visa ban on its residents and improve the recruitment of Bangladeshi employees. In the meantime, the UAE has proposed to set up an industrial park for UAE companies in Bangladesh.
Bangladesh is now working to improve commerce with the United Arab Emirates (UAE). Chief Advisor Mohammad Yunus has held a number of conferences with UAE authorities ministers and businessmen, throughout which main points have been mentioned that may present important financial advantages to Bangladesh. Guarantees have been made starting from establishing an industrial park for Emirati companies to making a hub for halal product manufacturing.
In accordance to the Dhaka Tribune, Mohammad Yunus’s Deputy Press Secretary Abdul Kalam Azad Majumdar said that the Chief Advisor has urged for the lifting of the visa ban on Bangladeshis and a rise in the recruitment of Bangladeshi employees. Emirati firms have additionally been invited to arrange factories in Bangladesh.
Bangladesh’s Chief Advisor Mohammad Yunus was on a go to to the UAE. On the final day of his journey, Friday (February 14, 2025), he met with UAE officers and businessmen. Mohammad Yunus had arrived in Dubai to take part in the World Governments Summit.
Other than the summit, Mohammad Yunus met with a number of ministers from the UAE. Abdul Kalam Majumdar said that the assembly particularly mentioned lifting visa restrictions and growing commerce. Moreover, there was dialogue on deepening sports activities and academic relations. Main firms from the UAE are planning to put money into the Chittagong port of Bangladesh. Throughout this time, the UAE proposed to set up an industrial park in Bangladesh, to which Mohammad Yunus agreed.
Abdul Kalam Majumdar talked about that in the assembly with UAE’s Commerce Minister Thani bin Ahmed Al Jeyoudi, Mohammad Yunus authorised the proposal to create an industrial park in Bangladesh for UAE companies. In the meantime, the UAE has talked about making Bangladesh a hub for halal product manufacturing. Abdul Kalam Majumdar famous that this was mentioned with Mohammad Yunus, and Ahmed Al Jeyoudi informed Yunus that the UAE might use Bangladesh’s low-cost labour to make their country a halal product manufacturing hub.
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