Chinese investors eye Bangladesh’s key sectors: BIDA

Chowdhury Ashik Mahmud Bin Harun, executive chairman of Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority (BEZA), led the Bangladesh delegation to China covering Shanghai and Guangzhou from 20–26 July. 

More than 100 Chinese investors took part in an investment seminar jointly organised by BIDA and the Embassy of Bangladesh in Shanghai on 21 July, according to BIDA.

Chinese investors Handa Industries and New Tiger Energy shared their investment experiences in Bangladesh and offered insights on the country’s evolving investment landscape during the seminar.

Alongside the seminar, the delegation held over 25 bilateral meetings with companies exploring new or expanded investments in Bangladesh. Key sectors of interest included renewable energy, ready-made garments (RMG), healthcare, and consumer electronics.

“We are encouraged by the positive engagement from Chinese companies,” said Ashik Chowdhury. 

“These interactions allowed us to highlight recent policy progress in Bangladesh, particularly in areas such as currency stability and the simplification of investment procedures. We were pleased to receive positive feedback from Chinese investors on these initiatives,” he added.

The delegation of senior officials from BIDA and BEZA was accompanied by representatives from CitiBank NA, EBL, HSBC and Standard Chartered. 

The team also explored avenues for future collaboration with prominent Chinese business associations and members of the non-resident Bangladeshi (NRB) community, reports UNB. 

In addition, early discussions were held on establishing BIDA’s first overseas office to support sustained investor engagement and facilitation in East Asia, according to BIDA official release.