Twelve Chinese firms have proposed investing a total of $9.21 billion in Bangladesh across various sectors after their representatives met PM Tarique Rahman during his visit to China.
Huaxin Textile Industry proposed to invest $190 million to expand recycled cotton and yarn production, manufacture cylindrical lithium batteries, and set up a 200-MW captive solar power plant in the Payra Port Industrial Zone
Shanghai SUS Environment Co Ltd proposed to invest $890 million in developing waste-to-energy (WTE) plants in the country.
China Future Energy Group Holding Limited proposed $250 million for gas field exploration and development, while China Civil Engineering Construction Corporation offered $650 million to develop and operate the Mongla Port Economic Zone, including bonded warehouse facilities and logistics infrastructure expected to generate around 50,000 jobs.
SF Express sought to invest $180 million in cold-chain logistics and bonded warehouse facilities in Mongla to support e-commerce and export industries, according to Bangladesh media reports.
Zhongxin Environmental Protection Group proposed the single-largest environmental investment of US$1.65 billion to establish an e-waste recycling and disposal industrial project in the Payra Port Industrial Zone.
Sichuan Road & Bridge Group Co Ltd proposed a $4.5-billion investment in the Dhaka-Chattogram Highway public-private partnership project.
Fibre2Fashion News Desk (DS)
