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Chinese delegation eyes investments in Bangladesh's EPZs, BEPZA EZ

06 Jul '24
2 min read
Chinese delegation eyes investments in Bangladesh's EPZs, BEPZA EZ
Pic: BEPZA

Insights

  • A delegation of 13 members from the Quanzhou Maritime Silk Road Industry and Commerce Association, led by Jinshan Xu of QUNFENG Intelligent Machinery Co Ltd, visited BEPZA's executive office in Dhaka, expressing keen interest in investing in Bangladesh's EPZs and the BEPZA Economic Zone.
  • Their visit underscores growing bilateral investment prospects.
A Chinese delegation from the Quanzhou Maritime Silk Road Industry and Commerce association has expressed interest in investing in EPZs and the BEPZA Economic Zone (BEPZA EZ). The 13-member delegation, led by Jinshan Xu, a senior member of the association and chairman of QUNFENG Intelligent Machinery Co Ltd, conveyed this interest during their recent visit to the executive office of BEPZA in Dhaka.

On April 30, the delegation, led by BEPZA executive chairman Abul Kalam Mohammad Ziaur Rahman, also urged investment in Bangladesh's EPZs at a seminar titled ‘Investment Opportunities in the Export Processing Zones and BEPZA Economic Zone of Bangladesh,’ held in Quanzhou City, Fujian Province, China.

The BEPZA executive chairman expressed gratitude to the delegation for their interest in investing in Bangladesh, particularly in EPZs. Highlighting Bangladesh's rapid economic growth, he noted the country's transformation from having no industry at independence in 1971 to becoming the world's second-largest garments exporter. Despite challenges, he emphasised Bangladesh's appeal as an ideal investment destination. He also sincerely thanked the Quanzhou Maritime Silk Road Industry and Commerce association for assisting in organising the investment promotion seminar, BEPZA said in a press release.

“Bangladesh has great opportunities for investment. We, as members of the Quanzhou Maritime Silk Road Industry and Commerce association, are visiting Bangladesh to explore investment opportunities. The country is developing very fast and is an attractive destination for setting up new factories,” Xu said.

“BEPZA is the pioneer investment promotion agency of Bangladesh. The authority has been facilitating investors in EPZs for 44 years with professionalism, sincerity, and dedication. He requested the delegation to invest in EPZs and the BEPZA EZ,” said Md. Ashraful Kabir, a member of BEPZA's investment promotion team.

Fibre2Fashion News Desk (RR)

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