PM calls for Chinese investment in Bangladesh’s key sectors

Prime Minister Sheikh Hasina called on Chinese entrepreneurs to invest in the country’s core sectors. Attracting the attention of Chinese investors, she said that now is the time to invest in Bangladesh, we can achieve a lot together.

Prime Minister Sheikh Hasina made the appeal in her address as the chief guest at a conference titled “Facilitating Trade and Investment between Bangladesh and China” at a hotel in the Chinese capital, Beijing, on Tuesday (July 9) morning. She is currently in Beijing on a bilateral visit at the invitation of Chinese President Xi Jinping.

Prime Minister Sheikh Hasina, advising Chinese entrepreneurs to consider major sectors for investment in Bangladesh, also said investments in our infrastructure, energy and logistics sectors are also welcome.

She also appealed to Chinese entrepreneurs and investors to invest heavily in information technology, tourism, agro-processing industry and development sector as potential sectors for the development of Bangladesh.

The prime minister said there is huge potential for Chinese investment in the energy and renewable energy sectors as well. Mentioning the plan to set up three special tourism zones, she said China can invest in the real estate and services sectors here. She also urged Chinese investors to explore investment opportunities outside these sectors.

Sheikh Hasina said, “Bangladesh has already entered the digital era. My government is actively working to promote the IT sector. By encouraging startups, investing in technology parks, encouraging innovation and entrepreneurship. Our young entrepreneurs are doing well in the international arena. We invite you to be a part of this exciting journey.”

The Prime Minister said that we provide many opportunities in renewable energy, waste management and green technology. Bangladesh is directly connected to all international trade and transport routes. We are also located at the centre of South Asia, Southeast Asia and East Asia. We are constantly upgrading our seaports, airports and land routes to international standards. Above all, Bangladesh is committed to making business profitable. The investment environment in Bangladesh is the most liberal in the region.

Referring to the establishment of 100 special economic zones and 38 high-tech parks across the country, Sheikh Hasina further said that these economic zones are well-equipped for industry and investment. Our aim is to make Bangladesh one of the most attractive investment destinations in the world.

To achieve this goal, the Prime Minister listed various mega projects including Padma Multi-purpose Bridge, Karnaphuli Tunnel, Matarbari Deep Sea Port, Dhaka Airport’s Third Terminal, Ruppur Nuclear Power Plant, Dhaka Metro and nationwide power and internet grid.

She further outlined various steps and plans of the government to build a developed and prosperous Smart Bangladesh by 2041.