Prime Minister Tarique Rahman has called on Chinese companies to expand their value chains into Bangladesh, describing the country as a strategic destination for investment and a partner in creating the next major economic success story in Asia.

Speaking at the Bangladesh Investment Forum in Beijing on Thursday, Rahman said Bangladesh is ready to support Chinese businesses seeking competitive and reliable manufacturing bases while serving both global markets and the country's growing domestic demand.

"Bangladesh is inviting you to co-author the next great Asian economic miracle," he told business leaders, industrialists and institutional investors attending the event organized by the Bangladesh Investment Development Authority (BIDA) at the Diaoyutai Hotel.

According to BSS, the prime minister highlighted a series of reforms aimed at improving the investment climate, including a 180-day action plan to streamline regulations, digitize government services and reduce bureaucratic hurdles for foreign investors.

Rahman announced plans to establish Bangladesh's first Investment Office in China and said dedicated industrial zones for Chinese investors are being developed in Anwara and Mongla. He also noted ongoing efforts to upgrade the bilateral investment treaty between Bangladesh and China to provide stronger protections and greater confidence for investors.

The premier said new business licensing procedures would soon allow companies to begin operations in Bangladesh within 15 days, while the latest national budget offers incentives for priority sectors such as renewable energy, pharmaceuticals, electronics, digital infrastructure, agro-processing and advanced textiles.

More than 125 Chinese business representatives participated in the forum, where BIDA Executive Chairman Ashik Chowdhury presented investment opportunities and incentives available in Bangladesh.

BOB Post