China keen to invest in pharma, apparel, leather sectors

Bangladesh Sangbad Sangstha . Dhaka | Published: 00:00, Nov 17,2018

 
 

Chinese investors have shown their keen interest to invest in ceramics, pharmaceuticals, apparel, polyester staple fiber (PSF), leather and some other sectors in Bangladesh.
They expressed the keenness while visiting the Bangladesh pavilion at the ‘China International Import Expo (CIIE) 2018’ held in China from November 5 to 10.
Chinese president Xi Jinping opened the expo on November 5 at the National Exhibition and Convention Center in Shanghai. About 3,000 business and government representatives from China and different countries were present at the opening session. Eight government organisations from Bangladesh took part in the expo for promoting investment in Bangladesh. Those are Export Promotion Bureau (EPB), Bangladesh Investment Development Authority (BIDA), Bangladesh Economic Zones Authority (BEZA), Bangladesh Export Processing Zones Authority (BEPZA), Bangladesh Hi-Tech Park Authority (BHTPA), Bangladesh Jute Mills Corporation (BJMC), Jute Diversification Promotion Center (JDPC) and Bangladesh Parjatan Corporation (BJMC).
A five-member delegation led by Bangladesh ambassador to China M Fazlul Karim attended the expo. EPB director general Avijit Chowdhury, joint secretary to the commerce ministry AKM Ahad Ali Khan and EPB deputy director Abu Mukhles Alamgir Hossain took part as Bangladesh pavilion coordinators and delegation members.
Talking to BSS, Alamgir Hossain said Bangladesh took part in this gala event for utilising the broad market access and other opportunities, provided by the Chinese government.
He informed that deputy minister for commerce of Afghanistan and minister of Barbados visited the Bangladesh pavilion along with the SAARC Chamber secretary general and other dignitaries at the opening day of the fair.
Both the ministers highly appreciated the ongoing development activities in Bangladesh and showed keen interest in pharmaceuticals, apparels, leather and leather goods and ceramics sectors, he added.
In the five-day expo, he said, a good number of potential investors visited the Bangladesh stand and held discussions with the officials of the organisations assigned for promoting investment in Bangladesh.
‘The potential Chinese investors shown keen interest to invest in ceramics, pharmaceuticals, apparel, PSF and leather sectors,’ he added.
He said, ‘We also focused on the jute sector as the Chinese people are very careful about environment nowadays. We projected diversified jute goods, including jute leaf drinks and jute polymer bag.’
He said the visitors were amazed to see Bangladesh’s Nakshi Kantha, Jamdani Sharee and diversified jute products.

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