Oct 16, 2019
Riyadh Cables Group Company (RCGC) plans to invest in Bangladesh’s power sector to produce overhead cables. World’s fourth largest cable producer, RCGC expressed its interest in a meeting with BIDA Executive Chairman Md. Sirazul Islam at his office on Oct 16, 2019.
In March, the RCGC arrived in Dhaka as part of Saudi Arabia’s first high-powered delegation to Bangladesh and joined a dialogue hosted by BIDA. RCGC’s MoU with Bangladesh Steel & Engineering Corporation (BSEC) to produce high-voltage cables in Chattogram was among the two deals and four MoUs signed during the landmark visit.