CA Schedules Breakfast Meetings for Investors from China and Korea

CA Schedules Breakfast Meetings for Investors from China and Korea

Apr 9, 2025 - 15:58
 0
CA Schedules Breakfast Meetings for Investors from China and Korea
CA Schedules Breakfast Meetings for Investors from China and Korea

Chief Adviser Announces Monthly Breakfast Meetings for Chinese and Korean Investors

A New Chapter in Investment Facilitation in Bangladesh

Chief Adviser Professor Muhammad Yunus today announced the initiation of regular breakfast meetings aimed at addressing the concerns of Chinese and Korean investors and accelerating their investment in Bangladesh. This announcement was made during a high-level meeting with a delegation of Chinese investors at the State Guest House Jamuna.

The delegation, comprising over 30 prominent investors representing global firms across sectors such as infrastructure, power, transport, renewable energy, telecommunications, and IT, had arrived in Dhaka to participate in the Bangladesh Investment Summit 2025. The group was led by Pauline Ngan, Vice President of Mainland Headgear Company Limited.

During the discussions, Prof Yunus highlighted the pro-investment reforms implemented by the Interim Government over the past eight months, stating that the current environment is the most favourable for foreign investment in the country’s history. He emphasized the Government’s commitment to facilitating foreign enterprises, particularly in supporting the relocation of manufacturing units from China and South Korea.

To institutionalize investor engagement, the Chief Adviser declared that the Executive Chairman of the Bangladesh Investment Development Authority (BIDA) would host monthly breakfast meetings with Chinese and Korean investors on the 10th of each month. He assured that he himself would attend select sessions to listen directly to investor concerns.

Additionally, the Chief Adviser proposed the establishment of a dedicated hotline and call centre for foreign investors to lodge complaints and receive prompt assistance. “Any investor can call this number and register their complaints, and we will respond accordingly,” he affirmed.

Prof Yunus also recounted his recent summit with Chinese President Xi Jinping in Beijing, where the Chinese leader assured him of continued support in encouraging Chinese firms to expand operations in Bangladesh. The Chief Adviser described the meeting as a significant step in deepening economic ties.

Investors showed strong interest in Bangladesh’s dedicated Chinese economic zones in Chittagong and Mongla, with plans to establish the country as a central hub for South Asian production and logistics. There was also notable enthusiasm for investment in the electric vehicle sector, lithium-ion battery manufacturing, wind and solar energy projects.

Earlier in the day, the Chief Adviser met with a delegation of South Korean investors. BIDA Chairman Chowdhury Ashik Mahmud Bin Harun and SDG Coordinator Lamiya Morshed were also present at the meeting.

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