Leaders of the new Saudi Arabia-Bangladesh Chamber of Commerce and Industry (SABCCI) have launched a drive to boost trade and investment between the two countries, opening a fresh channel for business ties and new opportunities. The chamber, which won its licence from the Ministry of Commerce recently, will hold a three-day Saudi-Bangladesh Business Summit to bring together business leaders, investors and experts from both nations. Organisers say this will be the first bilateral chamber between Bangladesh and a Middle Eastern country and that it will help expand trade beyond the current two billion dollar level. The plan focuses on clear business areas where both sides see promise, including ready-made garments, textiles, information technology, digital finance, agricultural produce, jute products, and skilled manpower exports. Chamber president Ashraful Alam Chowdhury said Saudi Arabia offers a promising market for Bangladesh, especially as some traditional export markets face challenges, and he urged firms to seize new buyers and partnerships. A twenty member Saudi delegation led by Sheikh Omar Abdul Hafeez Amirbaksh will visit Dhaka, bringing business leaders and policy makers who can meet Bangladeshi firms and review industrial plots in the National Special Economic Zone that are aimed at Saudi investors. The summit will feature sessions, paper presentations, product displays and many bilateral meetings so companies can talk face to face about trade deals and joint ventures. Organisers highlight that growing ties could bring investment in areas such as petrochemicals, refining, steel, food processing, agrochemicals, fertiliser, port management, green technology and cybersecurity, and they point to chances to add value locally and create jobs. With more than three million Bangladeshis already working in Saudi Arabia, the chamber will also focus on training and skilled worker matches to meet growing demand in health care, engineering, IT, construction and banking. Officials say this mix of trade, investment and people-to-people links can help Bangladesh diversify markets, reduce risks and build steadier income for firms and workers. The event will see senior guests from Bangladesh’s commerce and finance bodies attend, and organisers hope that clear follow-up steps after the summit will turn talks into real projects. By opening new contacts, showing investment plots and making direct business matches, the chamber aims to make it easier for small and large firms to start joint ventures, sell more products and hire more people. This effort could lift exports, bring more investment and give firms new paths to grow while building long term ties based on trade and practical cooperation. Local business groups say they will help small firms join export value chains and back training for young workers so benefits reach towns and villages, creating steady jobs and wider community gains and prosperity and support inclusive growth across the country.
