PCT operation agreement to boost Saudi investment in Bangladesh: PM

PCT operation agreement to boost Saudi investment in Bangladesh: PM

Prime Minister Sheikh Hasina today said the concession agreement on operation of Patenga Container Terminal (PCT) between Chittagong Port Authority (CPA) and Saudi Arabian company Red Sea Gateway Terminal (RSGT) will help further enhance Saudi investment in Bangladesh.
"This concession agreement is a testament to our two countries joint vision and steadfast commitment to economic cooperation and prosperity," she said.
The prime minister along with Saudi Investment Minister Khalid Al Falih witnessed the signing ceremony at her office here as CPA Chairman Rear Admiral Mohammad Sohail and CEO of RSGT Jeans O. Foley inked the agreement.