
Special Correspondent //
Bangladesh has received $2.1 billion in investment, loan and grant pledges from the Chinese government and private companies in that country.
This information was reported on Friday by the government’s ‘Chief Advisor GOB’ Facebook page, citing Bangladeshi officials and Chinese Ambassador to Dhaka Yao Wen.
Meanwhile, Deputy Press Secretary to the Chief Advisor Abul Kalam Azad Majumder gave the same information.
According to the information shared on Facebook, after the Chief Advisor called on Chinese private enterprises to invest in the manufacturing sector in Bangladesh, about 30 Chinese companies have pledged to invest $1 billion in the exclusive Chinese industrial economic zone.
It is said that China plans to provide about $400 million in the Mongla Port modernization project, about $350 million in the development of the Chinese industrial economic zone and another $150 million in technical assistance. The rest of the money will come in the form of grants and other types of loans.
Dr. Muhammad Yunus, the chief advisor to the interim government, is in China on a four-day state visit. This is his first bilateral visit after assuming office. As a result, this visit is being seen as a milestone for Bangladesh (for Bangladesh 2.0). There is a lot of discussion about what Bangladesh will achieve in this visit to China by the chief advisor.
The chief advisor began his visit to China on Wednesday. Later, on Friday morning, he met with Chinese President Xi Jinping at the Great Hall of the People in Beijing. After fruitful discussions on various issues related to the interests of the two countries, several agreements and memorandums of understanding have been signed between Bangladesh and China, according to Bangladeshi officials.
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