To encourage and ease foreign direct investment (FDI) in the South Asian country, a high-level delegation from Bangladesh has left for China. The team, headed by Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of the Bangladesh Economic Zones Authority (Beza) and the Bangladesh Investment Development Authority (Bida), intends to draw in Chinese investment and deepen economic ties.
The team includes senior officials from Bida and Beza, as well as representatives from prominent banking institutions such as HSBC, Standard Chartered Bangladesh, and Citibank NA. Before his departure, Ashik Chowdhury expressed optimism about the mission, stating that the team was encouraged by the significant interest generated ahead of the visit. He noted that they looked forward to engaging with Chinese companies and offering the information and support needed to facilitate investment in Bangladesh.
Up to 26th July, the team is expected to participate in a number of meetings and activities in Guangzhou and Shanghai. One of the visit’s highlights will be a business conference that Bida and the Bangladesh Embassy in China are organising together in Shanghai on 21st July. More than 100 Chinese investors and businesses from industries like electronics, textiles, agribusiness, biotechnology, pharmaceuticals, and medical devices are anticipated to attend the event.
Bangladesh’s continuous efforts to draw in foreign investors and advertise its investment prospects through partnerships, communication, and strategic interaction with international business communities are highlighted by this visit.
