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Dhaka Saturday,  Jun 15, 2024

Summit Signs An MOU With Qatar Financial Centre

Doha, Qatar (PR)

Today, Summit Group and Qatar Financial Centre (“QFC”) have signed an MOU in the presence of the Prime Minister of Bangladesh Sheikh Hasina, CEO and MD of Summit Power International Ayesha Aziz Khan, His Excellency Sultan bin Rashid Al Khater, Undersecretary of Ministry of Commerce & Industry of Qatar and the CEO of QFC Yousef Mohamed Al-Jaida.

On behalf of their organisations the MOU was signed by Sheikha Alanoud Bint Hamad Al-Thani, Co-CEO of QFC and Salman Khan, Director of Summit Oil & Shipping Co Ltd (SOSCL) enabling Summit to explore investment and business opportunities in Qatar especially in the supply of Liquified Natural Gas (LNG) with QFC.

About Qatar Financial Centre (QFC): The Qatar Financial Centre (QFC) is an onshore business and financial centre located in Doha, established by Law No. 7 of 2005 of the State of Qatar. A world-class platform for companies, QFC offers its own legal, regulatory, tax and business environment, contributing to the decisive economic development and diversification prescribed by Qatar National Vision 2030.

About Summit Group: Summit Oil & Shipping Co Ltd (“SOSCL”) is the energy arm of Summit Group, the largest infrastructure conglomerate in Bangladesh. The group is the largest independent power producer (IPP) in Bangladesh, generating around 2 gigawatts (GW) for the national grid as well as owns and operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with a capacity of 500 mmcf/d. Summit is a renowned and trusted partner in sustainable energy generation for the future.

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