Chinese firms pledged nearly $1b investment in Bangladesh since Aug 2024: Embassy official
More than 30 Chinese enterprises have signed investment agreements with Bangladeshi partners since August 2024, he said.
Song Yang, commercial counsellor of the Embassy of the People's Republic of China in Bangladesh, has underscored a significant surge in investment commitments to Bangladesh.
"Since August 2024, more than 30 Chinese enterprises have signed investment agreements with Bangladeshi partners, with intended investments totalling nearly $1 billion," he said at an Iftar programme held at a hotel in Dhaka today (4 March), organised by the Bangladesh China Chamber of Commerce and Industry (BCCCI).
Leaders of the Chinese Enterprises Association in Bangladesh (CEAB) also expressed optimism about further investments in the coming days.
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Han Kun, President of CEAB, reaffirmed the commitment of Chinese enterprises to supporting Bangladesh's development through investment, industrial cooperation, and participation in development projects.
In his welcome remarks, BCCCI President Khorshed Alam stressed the importance of expanding bilateral trade and investment. He noted that China has granted 100% duty-free access to Bangladeshi products and encouraged exporters to take advantage of this opportunity by promoting products such as fruits, vegetables, shrimp, agricultural goods, and leather items.
Among others present at the programme were Md Golam Rasul, chief of the Special Branch (SB) of Police; Mahbubur Rahman, president of the International Chamber of Commerce (ICC), Bangladesh; and Nargis Morsheda, former administrator of BCCCI and joint secretary at the Ministry of Commerce.
The event brought together diplomats, senior government officials, leaders of trade bodies, presidents of bilateral chambers, directors and members of BCCCI, and representatives from the media.
