Bangladesh Official Urges Chinese Businesses To Invest More

Bangladesh Official Urges Chinese Businesses To Invest More

DHAKA, Jan 26 (NNN-BSS) – Bangladesh Planning Minister, MA Mannan, asked Chinese businesses to invest more in Bangladesh for mutual benefits.

Bangladesh Investment Development Authority (BIDA), organised a virtual webinar titled “Showcase Bangladesh 2021: Bangladesh China Investment Summit,” in collaboration with Standard Chartered Bank, focusing Bangladesh as an attractive investment destination, highlighting its achievement in the GDP, demographic dividend and increased FDI inflow.

Terming China as a big contributor to the U.N. system and neighbouring countries’ development, the minister said, Bangladesh, a country with incredible opportunities, is in a much better position now, in South Asia, to woo more Chinese investment.

“We’re completely open to cement further friendship ties with China,” he said, adding, Bangladesh can reap optimum benefits of its friendship with China, which is currently not merely a big economy but also a driving force of the world economy.

In his speech, Chinese Ambassador, Li Jiming, encouraged Chinese companies to invest in Bangladesh and urged the central bank of Bangladesh to consider introducing RMB as a trading currency.

Salman Fazlur Rahman, Private Industry and Investment adviser to the Bangladeshi Prime Minister, said, Bangladesh has now a stable currency and economy to attract more foreign investment.

“As China is our big partner we have always special attention for Chinese investment,” he added.

Presenting a paper titled, “Bangladesh– we nurture your investment dreams” at the webinar, BIDA Executive Chairman, Md Sirazul Islam, urged Chinese investors to participate in the “Bangladesh Investment Summit” which is to be held in July.

“The Bangladeshi government assures you, all necessary support for starting and operating your business in Bangladesh,” he added.– NNN-BSS

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