Dhaka, Nov. 16 -- Bangladesh now plans to set up a fertiliser factory in the Kingdom of Saudi Arabia (KSA) through single or joint-venture investment amid dwindling gas supply to local factories.

The fertiliser to be produced in the factory will be imported to Bangladesh under a buy-back arrangement, according to officials concerned.

To take forward the initiative, PM's private-sector industry and investment adviser Salman F Rahman will lead a delegation to the KSA soon.

Officials said the adviser in a recent letter to the foreign secretary requested him to arrange a visit of the delegation to the kingdom.

The team may include representatives from the PMO, industries and commerce ministries, Bangladesh Che-mical Industries Corporation...