Chinese Consider Bangladesh As Ideal Investment Destination
Chinese investors are considering Bangladesh as an ideal investment destination and are also interested in shifting investments to Bangladesh while also making new investments.
The Chinese investors informed this to a delegation of the Bangladesh Export Processing Zones Authority (BEPZA) which visited China recently and held a seminar.
About 100 participants from various Chinese industrial groups attended the seminar, who expressed interest in investing in Bangladesh.
BEPZA Executive Chairman Major General Abul Kalam Md Ziaur Rahman presented an overall picture of the current favourable investment climate prevailing in Bangladesh.
Ziaur Rahman said that the country has attracted very high foreign direct investment (FDI) and also that Bangladesh has experienced tremendous growth over the last decade.
“The strategic geographical location, demographic dividend, large & expanding domestic market, stable socio-political environment are the key contributors to the rapid economic development,” he added.
Major General Zia said that the main attraction of investment in Bangladesh is the inexpensive, most productive, abundant and easily trainable workforce.
He said that Bangladesh has been consistently liberalising its foreign investment policies over the the previous several year.
He further said that the Government has formulated ‘One Stop Service Act’ for the Investment Promotion Agencies of Bangladesh to provide faster and better services.
Informing about expansion plan of BEPZA, he stated that along with the eight operational EPZs, BEPZA is establishing a new Economic Zone in Mirsharai, Chattogram.
Moreover, establishing three new EPZs are also underway which will be ready for the investors by the end of 2025. He urged Chinese investors to invest in these zones under BEPZA.
