Saudi Arabian Military Industries to Invest 5 Billion in Bangladesh

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Sources in Dhaka and Riyadh said The Saudi state-owned defense company ” Saudi Arabian Military Industries ” is going to invest in Bangladesh Aircraft Servicing industry. The Saudi authorities hinted that initially, they will ink an investment agreement with Bangladesh Air Force.

The Saudi Investment was discussed during a visit to Saudi Arabia by Air Chief Marshal Masihuzzaman in April. At that time, he visited Assalam Aerospace Industries, in addition to meeting with top defense officials there .

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