Chief Adviser Muhammad Yunus has invited Chinese investors to relocate factories to Bangladesh, presenting it as a strategic manufacturing hub for exports. During meetings with over 100 CEOs, he detailed the competitive advantages and lack of trade restrictions. Further support was voiced by CCPIT Vice Chair Ms. Li Qingshuang and discussions have emphasized upcoming investment initiatives and the potential synergy in sectors such as renewable energy and technology.

On March 29, 2025, Chief Adviser Professor Muhammad Yunus urged leading Chinese firms to invest in Bangladesh, positioning it as a manufacturing hub for exports to the West and Asia. During interactive meetings with over 100 Chinese CEOs, he emphasized that Bangladesh is open for business and presents competitive advantages for foreign direct investment without trade restrictions.

Professor Yunus highlighted the strategic location of Bangladesh, serving as a gateway for landlocked nations like Nepal and Bhutan, as well as India’s Northeastern states. He articulated his vision for a prosperous New Bangladesh, spotlighting the significant potential of its youth and the future of trade in the region.

Following Professor Yunus’s address, Ashik Chowdhury, Executive Chairman of the Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority (BEZA), presented the case for investment under the theme ‘Bangladesh 2.0: Gateway to Growth.’ He provided insights on data-driven demand landscapes and the competitiveness of production factors. Chowdhury indicated that reforms in the investment climate include the Authorized Economic Operator (AEO) program and enhanced relationship management models.

In a supportive dialogue, Ms. Li Qingshuang, Vice Chairperson of the China Council for the Promotion of International Trade (CCPIT), noted a strong interest among Chinese investors in Bangladesh. She urged Bangladeshi authorities to conduct more investment promotion initiatives in China, aiming to enhance awareness regarding the benefits of relocating factories to the country. Ms. Li committed to facilitating additional Chinese investments.

The investment dialogue culminated in three roundtable sessions focused on infrastructure, renewable energy, technology, and academia, attracting executives from key companies, including Longi, Oppo, and China Railway International Group. Chowdhury remarked on the growing enthusiasm from Chinese businesses, predicting an increase in participation at the forthcoming investment summit in Dhaka.

Professor Yunus also participated in a high-level session on social business focused on creating a civilization with no wealth concentration, zero carbon emissions, and the eradication of poverty and unemployment. Esteemed educators from Peking, Renmin, and Tsinghua Universities attended to engage in discussions centered on Bangladesh’s aspirations for socio-economic progress, committing to offer educational support to Bangladeshi policymakers.

On the following day, Professor Yunus is set to receive an Honorary Doctorate from Peking University, which will be followed by a keynote address highlighting significant developments during his tenure.

In conclusion, the invitation from Bangladeshi leaders for Chinese investors reflects a proactive approach to bolster foreign investments and economic ties. With strategic advantages and ongoing reforms, Bangladesh is positioning itself as an appealing destination for international manufacturing. The commitment from both Bangladeshi and Chinese leaders to foster collaboration signifies a positive outlook for mutual growth.

Original Source: www.bssnews.net

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