A New Horizon for Investment from China: Visit of Guangdong Indo-Pacific Peace and Development Research Institute Delegation to BCCCI Office

Wednesday, June 12, 2024

On June 11, 2024, a nine-member delegation from the Guangdong Indo-Pacific Peace and Development Research Institute, led by Mr. Wu Guohua, Executive Director, and Mr. Gu Jianqing, Former Vice Chairman of the Guangdong Federation of Social Sciences and Senior Research Expert on the “Belt and Road” Initiative of China, visited the BCCCI office.

Mr. Wu expressed his solidarity with Bangladesh and was deeply humbled by the hospitality of the Bangladeshi people. He also sought BCCCI’s assistance in facilitating the establishment of a Bangladeshi consulate office in Guangdong and a Chinese consulate office in Chittagong to enhance trade relations between the two countries.

Mr. Al Mamun Mridha, Honorable Secretary General of BCCCI, highlighted Bangladesh’s attractive investment environment, emphasizing the country’s eagerness to welcome Chinese investments in various sectors, including Electric Vehicles, IT, AI, Pharmaceuticals, RMG, and the Blue Economy, among others. He noted that many businesspeople from Guangdong are already contributing positively to Bangladesh’s development, citing the upcoming launch of one of Bangladesh’s first digital banks with the assistance of Guangdong businesses.

During the open discussion, the Bangladeshi side requested investments and knowledge sharing in construction materials, particularly pre-casting techniques, as well as in the RMG and steel sectors. The Chinese delegation expressed interest in investing in Bangladesh’s IT sector, RMG, AI, and the reconditioned vehicle sector.

The meeting was attended by Honorable Director of BCCCI, Mr. Khandaker Atiqur Rahman; Mr. Md. Shahidullah, Managing Director of Metrocem Group; a representative from Navana Real Estate Ltd.; and Office Secretary Md. Abu Taher.