BSS-11 China vows to continue support to Bangladesh’s industrialisation

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ZCZC

BSS-11

AMU-CHINA-INDUSTRIALISATION

China vows to continue support to Bangladesh’s industrialisation

DHAKA, August 1, 2018 (BSS) – China has assured that it would continue
support to Bangladesh for accelerating the country’s knowledge-based
industrialisation.

The commitment came when Chinese Ambassador in Dhaka Zhang Zuo met
Industries Minister Amir Hossain Amu at the Industries Ministry here today,
an official release said.

During the meeting, they discussed various bilateral issues, including
Chinese investment, technology transfer and Chinese modern factory transfer
to Bangladesh.

Amu said the Chinese entrepreneurs are playing a vital role in
developing the industrial sector in Bangladesh and the government is also
providing all-out support to the investors in the country.

“The government is setting up a special economic zone in Chattogram for
the Chinese investors. The Chinese investors can come forward to set up
environment-friendly and high technology-based industries in the economic
zone,” he said.

Zhang Zuo said the Chinese entrepreneurs are keen to invest in different
sectors, including fertilizer, steel, chemical, ICT, sugar and paper
manufacturing industries, in Bangladesh. “A Chinese entrepreneur has already
invested US$3 billion in steel sector of Bangladesh,” he added.

Lauding the development of Bangladesh under the leadership of the Prime
Minister Sheikh Hasina, Zuo said Bangladesh has already become an attractive
destination for foreign investment.

Additional Secretary of the Industries Ministry M Enamul Hoq, Bangladesh
Small and Cottage Industries Corporation (BSCIC) Chairman Mustak Hassan M
Iftekhar and Bangladesh Chemical Industries Corporation (BCIC) Chairman Shah
M Aminul Hoq were, among others, present at the meeting.

BSS/PR/KUC/MRI/1637 hrs