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BIDA Chairman assures that productive dialogues will take place with Chinese companies

A high-level Bangladeshi government delegation, led by Ashiq Chowdhury, Executive Chairman of BIDA and BEZA, has departed for China to promote foreign direct investment (FDI). From July 20–26, the team will engage in programs in Shanghai and Guangzhou, including an investment seminar on July 21 in Shanghai, attracting over 100 Chinese companies in sectors like electronics, textiles, agribusiness, biotechnology, pharmaceuticals, and medical devices. The mission aims to strengthen long-term partnerships, accelerate technology transfer, expand exports, and boost private sector investment in Bangladesh, which currently contributes 79% to the economy. Officials emphasized creating a strong brand image for Bangladesh to attract Chinese investors and foster broader economic collaboration.

A top-tier Bangladeshi government delegation has departed for China to promote and facilitate foreign direct investment (FDI) in the country.

BIDA disclosed this information in an official statement issued on Sunday, July 20.

As outlined in the statement, the Bangladeshi delegation is set to engage in a series of programs in Shanghai and Guangzhou from July 20 to 26. A major highlight of the visit is an investment seminar scheduled for July 21 in Shanghai, jointly hosted by BIDA and the Bangladesh Embassy. The event is expected to draw participation from over 100 Chinese companies representing sectors such as electronics, textiles, agribusiness, biotechnology, pharmaceuticals, and medical devices.

The delegation is headed by Ashiq Chowdhury, Executive Chairman of both the Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority (BEZA). Senior officials from BIDA and BEZA, along with representatives from HSBC, Standard Chartered Bangladesh, and Citibank N.A., are also part of the team.

Commenting on the visit, Ashiq Chowdhury expressed optimism, saying, “We are highly encouraged by the strong interest shown in this initiative. We anticipate meaningful engagement with Chinese companies and are fully prepared to offer the necessary information and support to facilitate investment in Bangladesh.”

This mission represents a strategic initiative to strengthen long-term partnerships with global investors and foster broader economic collaboration. Such high-level engagements are expected to play a pivotal role in attracting foreign investment to Bangladesh’s industrial sector, accelerating technology transfer, and expanding the country’s export footprint.

A major highlight of the visit is a business seminar scheduled for tomorrow (21 July) in Shanghai, jointly hosted by BIDA and the Embassy of Bangladesh in China.

The seminar is expected to draw participation from over 100 Chinese investors and companies across key sectors including electronics, textiles, agribusiness, biotechnology, pharmaceuticals, and medical devices.

n his speech, Bida Executive Chairman Sirazul Islam highlighted that the investment promotion agency has already started working closely with BCCCI to provide prioritized support and facilities for Chinese investors.

“China is a major development partner for Bangladesh, involved in numerous large-scale projects across the country. However, private sector investment from China has yet to gain significant momentum here,” he noted.

Sirazul Islam encouraged businessmen to create a unique and attractive brand image for Bangladesh to attract more investment from major economies like China.

According to official data, the private sector contributes 79 percent to Bangladesh’s economy.

This initiative is part of Bangladesh’s ongoing strategy to attract global investment and strengthen economic ties through dialogue, collaboration, and opportunity-sharing.