Dec 02, 2019
Bangladeshi and Chinese investors have joined the ‘China-Bangladesh Investment Promotion and Matchmaking Conference’ held in Dhaka on Dec 2. BIDA co-hosted the event with the Department of Outward Investment and Economic Cooperation (OIEC) of China’s Ministry of Commerce. Paper presentations were made by top government officials of BIDA, BEZA and PPP as well as representatives of renowned Chinese businesses on potential cooperation in four arenas: investment & energy, industrial park and smart city, infrastructure and financial support. In his key-note address, BIDA chief Md. Sirazul Islam said, “Chinese investors are starting to make powerful contributions in our diverse promising sectors and we invite China to drive the growth of these sectors.” In FY 2018-19, the growth of the power sector was driven mostly by Chinese investment, as was also the case in financial year before that. On the sidelines of the event, the China Chamber of Commerce for Import and Export of Machinery and Electronics Products (CCCME), and the Chinese Enterprises Association in Bangladesh (CEAB), who were organisers of the event, have signed agreements for cooperation.