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Bangladesh keen to set up urea factory in Iran

Published : Tuesday, 4 October, 2016 at 12:00 AM  Count : 154

Industries Minister Amir Hossain Amu Monday said Bangladesh wants to set up a urea fertilizer factory in Iran under joint venture.
"We can also take a noted company as a third partner in the project," he said during a meeting with Iran's Isfahan Province Governor General Rasoul Zargarpour at the governor's office.
During the meeting, Amu said the bilateral relation between Bangladesh and Iran is historically good. He stressed on accelerating the economic and commercial relations between the two countries through increasing industrialisation and investment.
Under the leadership of Prime Minister Sheikh Hasina, Bangladesh is
following liberal policy to attract foreign direct investment, he said adding that the government is setting up special economic zones to give special incentive to the foreign investors. He also expressed keen interest to import railway wagon to transport ammonia gas for fertilizer factories.
Welcoming the proposal of Amir Hossain Amu Rasoul Zargarpour assured him that Iran's government will take necessary initiatives to implement the project.
He underscored the need for enhancing the bilateral relations between the two countries for development and progress.    �BSS

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