The Essential FZC LLC, a private company in the United Arab Emirates, has invested 10 million dirhams in the implementation of the 'Happiness Concept' project under the Cityscape Lifestyle brand of Cityscape International in Bangladesh.
A press release from Cityscape International said that a memorandum of understanding was signed between the two parties in this regard at a recent event at a hotel in Dubai, UAE. The news release states.
The Essential FZC Chairman Mohamed Murad and Cityscape International Managing Director Nahid Sarwar signed the MoU on behalf of their respective organizations. A cheque for Dh10 million was then handed over to Cityscape International on behalf of Essential FZC.
Mohamed Murad, Chairman of The Essential FZC, said that this collaboration will open up new horizons for both countries in terms of technical assistance and investment in environmentally friendly business initiatives.
Cityscape International Managing Director Nahid Sarwar said that this investment will further enhance Bangladesh's image in the eyes of private sector entrepreneurs in a broader global context.
Cityscape International, a subsidiary of Cityscape Group in Bangladesh, is a well-established name in the construction industry of Bangladesh in implementing smart innovations in eco-friendly construction, eco-resorts, health and wellness, education, and climate-based innovative projects.
On the other hand, The Essential FZC, a leading private enterprise in the UAE, mainly supports new digital technologies and business models that provide various types of businesses and services, including employment and import-export.
