‘Bangladesh can become the leading investment destination of Chinese investment’
China’s net investment in Bangladesh was over $1 billion in 2018. In 2020, it declined to only $91 million
State Minister for Planning Dr Shamsul Alam said Bangladesh can become the leading investment destination of Chinese investment.
"Bangladesh as the No-1 country in terms of per capita income and all human development indexes in South Asia is poised for more attractive and fruitful investment, especially Chinese investment," said the state minister at the webinar on "Chinese Investment – Prospects & Challenges in Bangladesh," organised by Bangladesh China Chamber of Commerce & Industry (BCCCI) on Saturday.
In the speech as chief guest Dr Shamsul Alam underscored the need of expanding the horizon of Chinese investment in Bangladesh, raising the present 400 companies operating in Bangladesh in comparison to 600 Japanese companies keeping in consideration of the volume and growing intensity of investment cooperation from the government and people of China. With advanced technology, human skills, congenial infrastructure and investment friendly atmosphere, he said, "Bangladesh could become the leading investment destination of Chinese investment."
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The keynote paper was presented by Dr Md Rakibul Islam, and Associate Professor of the Department of Management Information Systems, Dhaka University.
MohsinaYasmin, executive member at Bangladesh Investment Development Authority (BIDA) and Mahbub Uz Zanan, Ambassador of Bangladesh to China were the special guests at the webinar which was also participated as discussants by Md Mazadul Hoque, Economic Analyst; Dr M Abu Eusuf, professor of Dhaka University & Director of RAPID; MS Siddiqui, Legal Economist & Co-Convener of Bangladesh Columnists Forum.
On behalf of BCCCI, the webinar was attended by Gazi Golam Mortuza, president of BCCCI and vote of thanks offered by ATM AzizulAkil David, senior vice president of BCCCI.
