Economic Reporter :
The first-ever ‘China-Bangladesh Investment Forum’ will be held in Beijing on August 21organized by Euromoney Institutional Investor, one of the leading financial publications in the world,
The City Bank Limited, a leading Bangladeshi bank and Standard Chartered Bank Bangladesh are the lead sponsors of the forum, which is expected to bring together some 300 attendees comprising Bangladeshi Finance Minister AMA Muhith, multilateral financiers, portfolio managers, global asset managers, institution investors and representatives from private bands.
City Bank and Standard Chartered Bank officially launched the event at a press conference on Monday in Dhaka.
At the press conference Sohail R. K. Hussain, Managing Director and CEO of City Bank said”With increasing economic co-operation with China, Bangladesh can truly benefit from the opportunities arising out of the OBOR initiative”.
Abrar A. Anwar, Chief Executive Officer of Standard Chartered Bank Bangladesh said “As the oldest financial institution in Bangladesh with a heritage of 112 years, Standard Chartered is keenly aware of the enormous potential of the Bangladesh economy. Through initiatives such as these, we hope to showcase this potential to the world and continue to be a partner in progress to the nation.”
Li Guangjun, economic and commercial counselor at the Chinese Embassy in Bangladesh, said, “I think this is a very good opportunity for publicizing Bangladesh.”
After the state visit of Chinese President Xi Jinping in October 2016, more and more Chinese are visiting Bangladesh, he said.
Bangladesh and China signed 28 deals during Xi’s trip.
Li said Bangladesh can attract more Chinese investment by offering more incentives and removing investment procedural bottlenecks like transparency and customs.
“Chinese-Bangladesh business cooperation is in the right time. We have very good opportunity to deepen economic and trade relationship. Both China and Bangladesh are now striving for the national dreams – the Chinese dream and golden Bangladesh dream,” he said.
Echoing a similar view, Lin Weiqiang, president of Chinese Chamber of Commerce in Bangladesh, said private sector businesses from both sides have been pursuing to accelerate trade and investment.
He said the forum will pave the way for further bolstering Bangladesh-China business relationship among private sector business.
“Investment largely came from private sector. Here you see the presence of many Chinese businessmen who represent big companies.”
The forum is expected to bring together 300 attendees comprising of Government Representatives, Multilateral Financiers, Portfolio Managers, Global Asset Managers, Institutional Investors,representatives from Private Banks and others.
Organizers say the forum will focus on investment and bilateral trade opportunities between China and Bangladesh and the growing opportunities resulting from China’s Belt and Road Initiative.
This forum will also provide platform for discussions on many important topics, such as infrastructure, foreign direct investment (FDI), financial and capital markets and more.
The participants will have a valuable chance to learn more about the business environment in Bangladesh and the potential areas for cooperation.
The first-ever ‘China-Bangladesh Investment Forum’ will be held in Beijing on August 21organized by Euromoney Institutional Investor, one of the leading financial publications in the world,
The City Bank Limited, a leading Bangladeshi bank and Standard Chartered Bank Bangladesh are the lead sponsors of the forum, which is expected to bring together some 300 attendees comprising Bangladeshi Finance Minister AMA Muhith, multilateral financiers, portfolio managers, global asset managers, institution investors and representatives from private bands.
City Bank and Standard Chartered Bank officially launched the event at a press conference on Monday in Dhaka.
At the press conference Sohail R. K. Hussain, Managing Director and CEO of City Bank said”With increasing economic co-operation with China, Bangladesh can truly benefit from the opportunities arising out of the OBOR initiative”.
Abrar A. Anwar, Chief Executive Officer of Standard Chartered Bank Bangladesh said “As the oldest financial institution in Bangladesh with a heritage of 112 years, Standard Chartered is keenly aware of the enormous potential of the Bangladesh economy. Through initiatives such as these, we hope to showcase this potential to the world and continue to be a partner in progress to the nation.”
Li Guangjun, economic and commercial counselor at the Chinese Embassy in Bangladesh, said, “I think this is a very good opportunity for publicizing Bangladesh.”
After the state visit of Chinese President Xi Jinping in October 2016, more and more Chinese are visiting Bangladesh, he said.
Bangladesh and China signed 28 deals during Xi’s trip.
Li said Bangladesh can attract more Chinese investment by offering more incentives and removing investment procedural bottlenecks like transparency and customs.
“Chinese-Bangladesh business cooperation is in the right time. We have very good opportunity to deepen economic and trade relationship. Both China and Bangladesh are now striving for the national dreams – the Chinese dream and golden Bangladesh dream,” he said.
Echoing a similar view, Lin Weiqiang, president of Chinese Chamber of Commerce in Bangladesh, said private sector businesses from both sides have been pursuing to accelerate trade and investment.
He said the forum will pave the way for further bolstering Bangladesh-China business relationship among private sector business.
“Investment largely came from private sector. Here you see the presence of many Chinese businessmen who represent big companies.”
The forum is expected to bring together 300 attendees comprising of Government Representatives, Multilateral Financiers, Portfolio Managers, Global Asset Managers, Institutional Investors,representatives from Private Banks and others.
Organizers say the forum will focus on investment and bilateral trade opportunities between China and Bangladesh and the growing opportunities resulting from China’s Belt and Road Initiative.
This forum will also provide platform for discussions on many important topics, such as infrastructure, foreign direct investment (FDI), financial and capital markets and more.
The participants will have a valuable chance to learn more about the business environment in Bangladesh and the potential areas for cooperation.
