United News of Bangladesh

Chinese investors have demonstrated strong interest in Bangladesh’s key sectors during a series of bilateral engagements between Bangladesh delegation and Chinese investors held in Shanghai and Guangzhou. Chowdhury Ashik Mahmud Bin Harun, executive chairman of Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority (BEZA), led the Bangladesh delegation to China covering Shanghai and Guangzhou from 20–26 July.  More than 100 Chinese investors took part in an investment seminar jointly organised by BIDA and the Embassy of Bangladesh in Shanghai on 21 July, according to BIDA. Chinese investors Handa Industries and New Tiger Energy shared their investment experiences in Bangladesh and offered insights on the country’s evolving investment landscape during the seminar. Alongside the seminar, the delegation held over 25 bilateral meetings with companies exploring new or expanded investments in Bangladesh. Key sectors of interest included renewable energy, ready-made garments (RMG), healthcare, and consumer electronics. Govt initiative needed to restore trust of share market investors: Khosru “We are encouraged by the positive engagement from Chinese companies,” said Ashik Chowdhury.  “These interactions allowed us to highlight recent policy progress in Bangladesh, particularly in areas such as currency stability and the simplification of investment procedures. We were pleased to receive positive feedback from Chinese investors on these initiatives,” he added. The delegation of senior officials from BIDA and BEZA was accompanied by representatives from CitiBank NA, EBL, HSBC and Standard Chartered.  The team also explored avenues for future collaboration with prominent Chinese business associations and members of the non-resident Bangladeshi (NRB) community.  In addition, early discussions were held on establishing BIDA’s first overseas office to support sustained investor engagement and facilitation in East Asia, according to BIDA official release.

Chinese Ambassador to Bangladesh Li Jiming has said the rapidly developing economy of Bangladesh is an attractive investment destination for Chinese investors.  He said the qualified Chinese enterprises with good corporate governance also will find their interests in the Dhaka Stock Exchange and bring returns to Bangladeshi investors.  READ: Chinese citizen dies after falling from a ship in Chattogram "We hope to build a win-win partnership through capital & equity management cooperation between the two countries," said Ambassador Li while addressing the grand opening ceremony of "CBC Capital & Equity Management Ltd" virtually on Tuesday.  Dr. Shaikh Shamsuddin Ahmed, acting chairman, Commissioner, Bangladesh Securities and Exchange Commission, Mahbub Uz Zaman, Ambassadors of Bangladesh to China and Liu Zhenhua, Economic and Commercial Counsellor, China Embassy to Bangladesh, Ke Changliang, President of Chinese Enterprises Association in Bangladesh and Zhuang Lifeng, President of CBC Capital and Equity Management Ltd. attended the event virtually and in-person.

Bangladesh has laid emphasis on enhanced trade and investment cooperation with China amid growing interest among Chinese investors to invest in Bangladesh.