Longi Solar Manufacturing Investment in Bangladesh Signals Economic Growth
Chinese solar panel manufacturer Longi will invest in Bangladesh’s solar panel manufacturing sector, as confirmed by Chinese ambassador Yao Wen during a meeting with Chief Advisor Muhammad Yunus. The investment is part of efforts to enhance Bangladesh’s economic hub. Yunus called for more Chinese investments, particularly in healthcare and manufacturing, as he prepares for a visit to China to discuss further collaborations.
On March 16, 2025, it was announced that prominent Chinese solar panel manufacturer Longi will establish an office and invest in solar panel manufacturing in Bangladesh. This information was disclosed by the Chinese ambassador to Bangladesh, Yao Wen, during a meeting with Chief Advisor Muhammad Yunus. The investment follows a visit from several top Chinese solar manufacturers to explore business opportunities within Bangladesh, prompted by Yunus’s invitation as part of the government’s initiative to enhance the country’s economic landscape.
Ambassador Wen confirmed that at least two Chinese companies, including Longi, have committed to setting up operations in Bangladesh. “They will invest in Bangladesh very soon,” he stated during the meeting held at the State Guest House Jamuna. Wen also mentioned that Chinese investors have been predominant in Bangladesh since August 5, following the previous government’s change, and that many companies are preparing to invest with a specific focus on a dedicated Chinese export processing zone.
Yunus’s upcoming visit to China seeks to further attract Chinese investments and promote collaboration between the two nations. Ambassador Wen emphasized the significance of this trip, referring to the 50-year relationship of trust that exists between Bangladesh and China. Yunus also expressed interest in attracting more Chinese investors to develop a manufacturing hub aimed at facilitating exports to Western markets. Additionally, he proposed that Chinese hospital chains consider establishing clinics in Bangladesh or engage in joint ventures with local healthcare providers.
Yunus articulated the urgent need for substantial investment in healthcare, asserting that Chinese hospital chains are uniquely positioned to capitalize on the opportunities present in Bangladesh. Moreover, Wen indicated that China has already designated four hospitals in Kunming specifically for Bangladeshi patients, reflecting the ongoing commitment to healthcare collaboration. Last week, a group of Bangladeshi individuals traveled to Kunming for medical treatment.
In conclusion, Longi’s investment in solar panel manufacturing represents a significant step towards enhancing Bangladesh’s economic landscape. The collaboration between China and Bangladesh, especially in healthcare and manufacturing, reflects a sustained effort to foster mutual growth and development. Yunus’s upcoming trip to China aims to further solidify this partnership and attract more investments, highlighting the critical role of Chinese firms in shaping Bangladesh’s economic future.
Original Source: bdnews24.com
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