China eager to invest in fisheries, IT

-A Monitor report 01 Jan, 2019
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Ambassador Zhang Zuo addressing a discussion meeting hosted by SCCI
Sylhet : China has expressed its eagerness in investing in fisheries, information technology (IT), agro-processing sectors and other sectors in Bangladesh.

Chinese Ambassador Zhang Zuo, said many Chinese companies are eager to invest in different sectors in Bangladesh, including fisheries, agro-processing, footwear, processed food and ready-made garment.

The envoy was speaking at a discussion meeting hosted by Sylhet Chamber of Commerce and Industry (SCCI) on December 6, where he stated that Bangladesh will get priority in Chinese investment.

The envoy said once the central banks of two countries agree in principle, then China will be able to invest in economic development of Bangladesh.

Khandaker Shiper Ahmed, President, SCCI at a discussion programme urged the Chinese envoy to attract Chinese companies to invest in agro-processing industry, tourism and in planned Hi-Tech Park in Sylhet.

The Chinese delegation from the Chinese embassy led by the ambassador earlier visited Shahjalal Fertiliser Factory, the biggest fertiliser factory in Fenchuganj, Sylhet.

The factory is one of the best examples of bilateral technical cooperation, which has hi-tech eco-friendly equipment to produce fertilisers, the envoy remarked.

SCCI president said that Bangladesh has established special economic zone in different places and direct investment and joint investment with Chinese entrepreneurs will significantly boost economy of the country to attain the Middle Income Status by 2021, the 50th anniversary of independence.