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Chinese business leaders eye Bangladesh as prime investment destination

BTJ News Desk
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Chinese business leaders eye Bangladesh as prime investment destination

At the China-Bangladesh Conference on Investment and Trade in Dhaka, Chinese business leaders declared Bangladesh a top investment destination, citing its political stability, infrastructure development, and supportive policies. Notably, Ge Zhenyu, a long-time resident and textile entrepreneur, and Zhang Xi’an, a senior official in China’s textile export chamber, emphasized the country’s attractiveness for foreign investors.

Key sectors of interest for Chinese investment include renewable energy, textiles, manufacturing, lithium batteries, and agritech. The conference, jointly hosted by BIDA and BEZA, drew around 550 participants, including 250 investors from 143 Chinese companies.

A major highlight was the signing of a MoU between PowerChina and BEZA to establish a Chinese Agrivoltaic Economic Zone in Matlab Uttar, Chandpur. Spanning 3,000 acres, with 1,000 acres set for pilot cultivation under solar panels, the project will integrate agriculture with renewable energy and generate approximately 300 jobs.

Sessions at the event showcased Bangladesh’s tax incentives, investment zones, and joint venture potential. Financial institutions like HSBC and Standard Chartered affirmed their support. Chinese investors expressed renewed optimism, aiming for tangible FDI inflows within the next 6–24 months, with Bangladesh poised to benefit from long-term partnerships and green industry development.

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