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Investment

MoU signed to woo Chinese investment in Bangladesh

March 31, 2023


Abstract : Bangladesh Economic Zones Authority (BEZA) has signed a memorandum of understanding or MoU with Bangladesh China Chamber of Commerce & Industry (BCCCI) to attract more Chinese investment in Bangladesh.

Workers operate by a production line at the Chinese-invested shoe-making factory in Gazipur district on the outskirts of Dhaka, Bangladesh on Dec. 24, 2022. (Xinhua)

DHAKA, March 31 (Xinhua) -- Bangladesh Economic Zones Authority (BEZA) has signed a memorandum of understanding or MoU with Bangladesh China Chamber of Commerce & Industry (BCCCI) to attract more Chinese investment in Bangladesh.

The MoU was signed Wednesday between BEZA and BCCCI in a ceremony chaired by Shaikh Yusuf Harun, the executive chairman of BEZA.

Md Moniruzzaman, general manager of investment promotion of BEZA, and Al Mamun Mridha, secretary general of BCCCI, signed the MoU on behalf of their respective organizations.

Visitors watch farm equipment at a Chinese booth during an exhibition in Dhaka, Bangladesh, Feb. 2, 2023. The "11th International Agro Tech Bangladesh-2023", South Asia's largest milling technology exhibition, was held between Feb. 2 and Feb. 4 in Bangladesh's capital city Dhaka. (Xinhua)

Under the MoU, BCCCI and BEZA will act in close cooperation to attract investment from China through holding joint consultation meetings, investment dialogues, conferences, round table conferences and exhibitions.

Attaching specific significance among other areas to invest in special tourism zones like Sablong, Sonadia and Naaf River, the BEZA executive chairman urged efforts to explore investment potentials in such innovative sectors.

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Keyword: China-Bangladesh MoU Chinese investment

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