Twelve Chinese companies have proposed to invest US$9.21 billion in Bangladesh, as the CEOs and heads of these 12 different companies, representing various subsectors, met with Prime Minister Tarique Rahman on June 25 in Beijing.
Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun was present during the meeting with the Prime Minister and the leaders of the Chinese companies, according to UNB report.
Shanghai SUS Environment Co., Ltd., one of the world's leading WTE investors and operators, has proposed to invest US$890 million in the development of Waste-to-Energy (WTE) plants, according to document seen by UNB.
China Future Energy Group Holding Limited, specialised in petroleum engineering and gas field investment, proposed to invest US$250 million in the exploration and development of gas fields.
China Civil Engineering Construction Corporation (CCECC), a Chinese state-owned contractor, investor and operator, has proposed to invest US$650 million in the development and operation of the Mongla Port Economic Zone to attract Chinese manufacturing industries, build a bonded warehouse for import purposes, and develop Mongla into a new logistics hub, generating 50,000 jobs.
Shenzhen Kaifa Technology Co. Ltd. proposed to invest US$250 million in the manufacture of electric smart meters in Bangladesh.
SF Express, China's largest logistics company, has proposed to invest US$180 million in cold-chain logistics and bonded warehouse facilities in Mongla to support e-commerce and export industries.
