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PM calls for Chinese investment in major sectors of Bangladesh

Staff Correspondent

Published:09 Jul 2024, 03:36 AM

PM calls for Chinese investment in major sectors of Bangladesh


Prime Minister Sheikh Hasina urged Chinese businessmen to invest in the country's main sectors. Drawing the attention of Chinese investors, she said, now is the time to invest in Bangladesh, we can achieve a lot together.
 
Prime Minister Sheikh Hasina made this call in the chief guest's speech at a conference titled 'Trade and Investment Facilitation between Bangladesh and China' at a hotel in the Chinese capital, Beijing, on Tuesday (July 9) morning. She is currently in Beijing on a bilateral visit at the invitation of Chinese President Xi Jinping.

Advising Chinese businessmen to consider Bangladesh's main sectors for investment, Prime Minister Sheikh Hasina said investment in our infrastructure, energy and logistics sectors is also welcome.

She also urged Chinese entrepreneurs and investors to bring large investments in information technology, tourism, agro-processing industry and development sector as potential sectors of Bangladesh.


The Prime Minister said that there is huge potential for Chinese investment in the energy and renewable energy sector as well. Mentioning the plan to establish three special tourism zones, she then said that China can invest here in real estate and service sectors. She also urged Chinese investors to explore investment opportunities beyond these sectors.


Sheikh Hasina said 'Bangladesh has already entered the digital era. My government is actively working to promote the IT sector. Encouraging startups, investing in tech parks, encouraging innovation and entrepreneurship. Our young entrepreneurs are doing well in the international arena. We invite you to be a part of this exciting journey.'

The Chief Minister said, we are providing many opportunities in renewable energy, waste management and green technology. Bangladesh has direct connectivity with all international trade and transport routes. We are also in the center of South Asia, Southeast Asia and East-Asia. We are continuously upgrading our seaports, airports and land routes to international standards. Above all, Bangladesh is committed to making business profitable. The investment environment in Bangladesh is the most liberal in this region.

Referring to the establishment of 100 special economic zones and 38 hi-tech parks across the country, Sheikh Hasina further said that these economic zones are well prepared for industry and investment. Our aim is to make Bangladesh one of the most attractive investment destinations in the world.

To achieve this goal, the Prime Minister mentioned various mega projects including Padma Multipurpose Bridge, Karnaphuli Tunnel, Matarbari Deep Sea Port, Third Terminal of Dhaka Airport, Ruppur Nuclear Power Plant, Dhaka Metrorail and nationwide electricity and internet.

Besides, she also highlighted various steps and plans of the government to build a developed and prosperous Smart Bangladesh in 2041.