The Essential FZC LLC of the United Arab Emirates will invest 10 million dirham as an initial investment in a dedicated project of Cityscape International Ltd. in Bangladesh for promotion of its newly introduced happiness concept under the brand Cityscape Lifestyle.
In this regard, a formal memorandum of understanding (MoU) was signed at a hotel in Dubai recently. Chairman of The Essential FZC LLC Mohamed Murad and Managing Director of Cityscape International Nahid Sarwar signed the MoU on behalf of their respective organisations.
The Essential FZC LLC also handed over their investment cheque to Cityscape international Ltd, said a press release here on Monday.
Mohamed Murad said: "This collaboration will create an opportunity for both the countries to provide technological support and investment in Green Business Development."
Nahid Sarwar said: "I feel positive that this partnership will boost the entire image of Bangladesh in a wider aspect of development private sectors initiatives."
Cityscape International Ltd is a leading green business concern recognized for its intelligent green construction, eco-resort, health and wellness, education and climate-based innovation making a difference in the communities.
The Essential FZC LLC is a private company of the United Arab Emirates (UAE) that supports new digital technologies and business models that provide integrated solutions and services for a variety of industries including employment and trading.
