Chinese entrepreneurs keen to invest in Bangaldesh

Many Chinese investors expressed their keen interests to invest in various priority sectors in Bangladesh and believe that such investment would benefit both the countries.
Meanwhile, Bangladesh government said they are working for providing better infrastructural facilities and incentives for the investors of China.
The investors of the National Development Reform Commission (NDRC), China said it at a meeting with the journalists from South Asia and South East Asia on the occasion of the 4th China-South Asia Expo and 24th China Kunming Import and Export Fair in Kunming, the capital of Yunnan province, last month from June 12-17.
The meeting said the Chinese investors want to expand the cooperation between the two countries by investing in different priority sectors to boost production capacity.
Li Jia Long, vice chairman of the board of the Yunnan Construction Investment Holding group Co Ltd said, “We would like to invest in Bangladesh in priority sectors as we have strong relations with Bangladesh. We would invest there if we get better infrastructural facilities there.”
“We have investment in different countries. We also want to expand our investment in Bangladesh as well. Such investment would help both the countries to be benefited,” he added.
The priority sectors include agro-processing and agricultural tools and machinery industries, readymade garment industries, information and communication technology, software industries, pharmaceutical industries, leather and leather goods industries, light engineering industries and jute and jute products industries.
The priority sectors also include plastic industries, shipbuilding industries, environmentally sound ship recycling industries, active pharmaceuticals, auto mobiles,
energy efficient electric goods and cement industries.
Meanwhile, industries minister Amir Hossain Amu during his stay in Kunming last month told The Independent that he sought Chinese investment in the priority sectors so that Bangladesh can be benefited.
“We are providing all kinds of facilities for investment in Bangladesh. We are making the infrastructure for ensuring better investment facilities including land, power and better investment incentives. Besides, we are giving facilities to the investors to bring the whole profits to their countries,” he said.
He further said that the government of Bangladesh is not sure of giving gas right now to the investors for industries but it would be able to provide electric supply.
“We are not sure about gas but we could give electric supply for the industrial use of the investors,” he added.  He also said that Bangladesh is getting good response from the Expo after showcasing different products like readymade garment, fish and leather.
He also said that both Bangladesh and China can have win-win situation in setting up joint venture through technology transfer and training of skilled workers in high-end product producing industries in textile and leather sectors, which would in turn lead to higher production capacity.

Chinese entrepreneurs keen to invest in Bangaldesh

Many Chinese investors expressed their keen interests to invest in various priority sectors in Bangladesh and believe that such investment would benefit both the countries. Meanwhile, Bangladesh government said they are working for providing better infrastructural facilities and incentives for the investors of China. The investors of the National Development Reform Commission (NDRC), China said it at a meeting with the journalists from South Asia and South East Asia on the occasion of the 4th China-South Asia Expo and 24th China Kunming Import and Export Fair in Kunming, the capital of Yunnan province, last month from June 12-17. The meeting said the Chinese investors want to expand the cooperation between the two countries by investing in different priority sectors to boost production capacity. Li Jia Long, vice chairman of the board of the Yunnan Construction Investment Holding group Co Ltd said, We would like to invest in Bangladesh in priority sectors as we have strong relations with Bangladesh. We would invest there if we get better infrastructural facilities there. We have investment in different countries. We also want to expand our investment in Bangladesh as well. Such investment would help both the countries to be benefited, he added. The priority sectors include agro-processing and agricultural tools and machinery industries, readymade garment industries, information and communication technology, software industries, pharmaceutical industries, leather and leather goods industries, light engineering industries and jute and jute products industries. The priority sectors also include plastic industries, shipbuilding industries, environmentally sound ship recycling industries, active pharmaceuticals, auto mobiles, energy efficient electric goods and cement industries. Meanwhile, industries minister Amir Hossain Amu during his stay in Kunming last month told The Independent that he sought Chinese investment in the priority sectors so that Bangladesh can be benefited. We are providing all kinds of facilities for investment in Bangladesh. We are making the infrastructure for ensuring better investment facilities including land, power and better investment incentives. Besides, we are giving facilities to the investors to bring the whole profits to their countries, he said. He further said that the government of Bangladesh is not sure of giving gas right now to the investors for industries but it would be able to provide electric supply. We are not sure about gas but we could give electric supply for the industrial use of the investors, he added. He also said that Bangladesh is getting good response from the Expo after showcasing different products like readymade garment, fish and leather. He also said that both Bangladesh and China can have win-win situation in setting up joint venture through technology transfer and training of skilled workers in high-end product producing industries in textile and leather sectors, which would in turn lead to higher production capacity.