Economic Reporter :
Getting engaged very closely with Bangladesh, China sees an investment potential of around US$ 42 billion in the coming years though it is likely to come up with some $25 billion for the projects it has committed.
“China doesn’t want to emphasise the figure of investment volume as it wants to engage deeply with Bangladesh ensuring a win-win situation,” an official told the New Nation mentioning that China sees an investment potential of US$ 42 billion in Bangladesh.
With the implementation of Belt and Road Initiative as well as BCIM (Bangladesh, China, India, Myanmar) Economic Corridor, many Chinese investors have expressed their interest to invest in Bangladesh in the fields of textile, garment and infrastructure projects, another official told the news agency referring to China’s focus areas.
There has been no official announcement regarding investment figure during the historic visit of Chinese President Xi Jinping.
“This is not in practice (revealing investment figure). More importantly, there have been some areas which could not be finalised at that time,” a diplomat told this reporter.
A government official said the actual amount that China will provide cannot be mentioned yet but it will be somewhere between US$20 billion to US$25 billion.
Getting engaged very closely with Bangladesh, China sees an investment potential of around US$ 42 billion in the coming years though it is likely to come up with some $25 billion for the projects it has committed.
“China doesn’t want to emphasise the figure of investment volume as it wants to engage deeply with Bangladesh ensuring a win-win situation,” an official told the New Nation mentioning that China sees an investment potential of US$ 42 billion in Bangladesh.
With the implementation of Belt and Road Initiative as well as BCIM (Bangladesh, China, India, Myanmar) Economic Corridor, many Chinese investors have expressed their interest to invest in Bangladesh in the fields of textile, garment and infrastructure projects, another official told the news agency referring to China’s focus areas.
There has been no official announcement regarding investment figure during the historic visit of Chinese President Xi Jinping.
“This is not in practice (revealing investment figure). More importantly, there have been some areas which could not be finalised at that time,” a diplomat told this reporter.
A government official said the actual amount that China will provide cannot be mentioned yet but it will be somewhere between US$20 billion to US$25 billion.
