What's new

China sees more investment in Bangladesh's high-speed railway, telecom, blue economy

Black_cats

SENIOR MEMBER
Dec 31, 2010
6,213
-5
8,985
China sees more investment in Bangladesh's high-speed railway, telecom, blue economy

ECONOMY
UNB
29 October, 2020, 07:50 pm
Last modified: 29 October, 2020, 07:51 pm


Emphasising on increased political mutual trust, Ambassador Jiming said the Chinese Embassy will continue to work diligently to promote the continuous development of bilateral relations, and facilitate the baking of a bigger cake of mutually beneficial and pragmatic cooperation between China and Bangladesh
Photo: UNB


Photo: UNB

Chinese Ambassador to Bangladesh Li Jiming on Thursday expressed optimism over more investment cooperation with Bangladesh in high-tech fields such as 5G telecommunications, high-speed railway, aerospace, and blue economy.

"I am very optimistic about the future of China's investment in Bangladesh," he said recognising the continuous economic and social development of Bangladesh.

He said China's investment in Bangladesh will not only maintain the lead in net inflows but also lead other foreign capital sources in terms of FDI (foreign direct investment) stock in Bangladesh.

The Chinese Ambassador was addressing a virtual dialogue organised by the Centre for Policy Dialogue (CPD).

State Minister for Foreign Affairs Md Shahriar Alam, Bangladesh Ambassador to China Mahbub Uz Zaman, former Bangladesh ambassador to USA and President, Bangladesh Enterprise Institute (BEI) M Humayun Kabir, CPD Executive Director Dr Fahmida Khatun, CPD distinguished fellows Dr Debapriya Bhattacharya, Prof Mustafizur Rahman, Bangladesh Institute of Peace and Security Studies (BIPSS) President Major General (Retd) ANM Muniruzzaman, Chief Executive Officer, Hongkong and Shanghai Banking Corporation Limited Bangladesh Md Mahbub Ur Rahman, Prof Cheng Min and Dr Wang Shida, among others, took part in the discussion chaired by CPD Chairman Prof Rehman Sobhan.

Ambassador Jiming said there is still much room for improvement in Bangladesh's services for investors and some institutions in Bangladesh are not efficient enough.

He said vocational skills training in Bangladesh needs to be strengthened.

Emphasising on increased political mutual trust, Ambassador Jiming said the Chinese Embassy will continue to work diligently to promote the continuous development of bilateral relations, and facilitate the baking of a bigger cake of mutually beneficial and pragmatic cooperation between China and Bangladesh.

He said under the "Belt and Road" initiative, Chinese investors have enthusiastically participated in Bangladesh's economic construction and contributed to the economic and social development of Bangladesh and the improvement of the welfare of the local community.

"The Chinese Embassy, together with our friends here, will continue to make the "Belt and Road" initiative more popular in Bangladesh, allowing more participants to benefit from "Belt and Road" cooperation and achieving multi-win," he said.

In recent years, the ambassador said, China-Bangladesh PPP cooperation has become more popular, and important power plants, such as Payra power plant, have adopted the PPP cooperation model.

"Promoting the signing of currency swap agreement MOU on PPP cooperation can better promote investment cooperation and provide financing for a large number of high-quality projects in Bangladesh," he said.

 

idune

ELITE MEMBER
Dec 14, 2008
13,663
-40
12,096
Country
Bangladesh
Location
United States
Well, China sees that. Question is can current regime sees and can the regime come out of indian embrace to pursue that? That question remains to be answered.
 

DalalErMaNodi

SENIOR MEMBER
May 12, 2020
4,011
-505
6,693
Country
Bangladesh
Location
Kuwait
lol 20 - 30 billion Chinese funds are on their way to Bangladesh since XI and Hasina agreement in 2016, and someone is wondering whether the administration has 'decided' which camp they want in.....



This is getting funnier by the day, slap stick self deprecating comedy for free on PDF
 

idune

ELITE MEMBER
Dec 14, 2008
13,663
-40
12,096
Country
Bangladesh
Location
United States
lol 20 - 30 billion Chinese funds are on their way to Bangladesh since XI and Hasina agreement in 2016, and someone is wondering whether the administration has 'decided' which camp they want in.....
Show that awami regime impelmenting Teesta barrage, padma barrage and Sonadia deep sea port projects that China had offered to finance and implement. Awami regime because of indian embrace cancelled 2 of thes projects and other one put in cold storage.
 

DalalErMaNodi

SENIOR MEMBER
May 12, 2020
4,011
-505
6,693
Country
Bangladesh
Location
Kuwait
Show that awami regime impelmenting Teesta barrage, padma barrage and Sonadia deep sea port projects that China had offered to finance and implement. Awami regime because of indian embrace cancelled 2 of thes projects and other one put in cold storage.


Teesta Project is happening.... Maybe show some patience ?




Its SHW personal dream to make Teesta project a reality, Now that she has committed to it, Indians cant make her budge anymore.
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Top Bottom