Chinese business delegation is keen to invest in API (Active Pharmaceutical Ingredients) and medical devices sector of Bangladesh.

They held a meeting with Bangladesh Association of Pharmaceutical Industries (BAPI) held in the capital on Sunday. The delegation from China API Technology Union (CATU) and Yunan-Bengal Business Information Consultation Co Ltd are visiting Bangladesh with the invitation of BAPI, a press statement said.

They are interested to transfer the Chinese technology to help and develop the production of API.

Earlier in September 2017, a high level delegation from BAPI visited China while they signed an MoU with China API Technology Union (CATU).

The Chinese delegation also met higher officials from Department of Drug Administration. They will visit some renowned pharmaceutical companies and API park at Gazaria in Munshiganj.