Eleven Chinese companies have proposed a combined investment of USD 9.21 billion in Bangladesh, spanning energy, infrastructure, manufacturing, logistics, and education. The proposals were presented to Bangladesh Prime Minister Tarique Rahman during a meeting in Beijing on June 25, with Bangladesh Investment Development Authority (BIDA) Chairman Ashik Chowdhury also in attendance.
Investment details by sector
China Future Energy Group Holding Limited plans to invest USD 250 million in gas field exploration and development. Shanghai SUS Environment Co., Ltd., a global leader in waste-to-energy (WTE), has proposed USD 890 million for WTE plants. China Civil Engineering Construction Corporation (CCECC) intends to invest USD 650 million in the Mongla Port Economic Zone, aiming to attract Chinese manufacturing, establish a bonded warehouse, and create 50,000 jobs.
Shenzhen Kaifa Technology Co. Ltd. will invest USD 250 million in manufacturing electric smart meters. SF Express, China's largest logistics firm, proposes USD 180 million for cold-chain logistics and bonded warehouse facilities in Mongla to support e-commerce and exports. Huaxin Textile Industry Co. Ltd. has proposed USD 190 million for recycled cotton/yarn production, cylindrical lithium battery manufacturing, and a 200 MW solar plant in the Payra Port Industrial Zone.
Major infrastructure and industrial projects
Zhongxin Environmental Protection Group has proposed the largest single investment of USD 1.65 billion for an e-waste recycling and disposal industrial project in Payra. CRRC Ziyang Co. Ltd. plans to invest USD 190 million in a rolling stock assembly plant via a joint venture with BMTF. Sichuan Road & Bridge Group Co. Ltd. has proposed USD 4.5 billion for the Dhaka-Chattogram Highway PPP project to enhance connectivity.
China Kepai Education Group will invest USD 270 million to build a modern university and vocational education park for 30,000 students. China Shandong Zhongxin Pharmaceutical Co. Limited has proposed USD 190 million for large-scale Chinese medicinal herb cultivation.
Government's role and stability pitch
BIDA Chairman Ashik Chowdhury told reporters on Saturday that the newly elected government has restored stability, which was communicated to investors. He noted that Bangladesh presented a five-year tax outlook for the first time, emphasizing policy stability. According to Chowdhury, "We explained the stability to the investors, and they responded positively." The proposals are expected to boost Bangladesh's economic growth, infrastructure, and employment.
