Chinese Companies Propose $9.21 Billion Investment in Bangladesh Following PM's China Visit

Twelve Chinese companies have proposed investments totaling US$9.21 billion across Bangladesh's energy, infrastructure, logistics, manufacturing, and education sectors following recent meetings with Prime Minister Tarique Rahman during his visit to China.

The investment proposals were presented on June 25 in Beijing during separate meetings between Prime Minister Rahman and chief executives and senior representatives of the Chinese firms.

Bangladesh Investment Development Authority (BIDA) Executive Director Ashik Chowdhury, who attended the meetings, said on Saturday that political stability has returned following the formation of the newly elected BNP-led government, boosting foreign investor confidence.

He added that Bangladesh has, for the first time, introduced a five-year tax outlook, providing greater policy certainty and long-term predictability for prospective foreign investors.

According to the proposed investment plans, Shanghai SUS Environment Co., Ltd. has offered to invest US$890 million in developing waste-to-energy (WTE) power plants in Bangladesh.

China Future Energy Group Holding Limited has proposed US$250 million for gas exploration and field development, while China Civil Engineering Construction Corporation (CCECC) has pledged US$650 million to develop and operate the Mongla Port Economic Zone, including bonded warehouse facilities and logistics infrastructure. The project is expected to generate around 50,000 jobs.

Meanwhile, Shenzhen Kaifa Technology Co., Ltd. has proposed investing US$250 million in the production of smart electricity meters.

Express logistics company SF Express has expressed interest in investing US$180 million to establish cold-chain logistics and bonded warehouse facilities in Mongla to support Bangladesh's e-commerce and export sectors.

Huaxin Textile Industry Co., Ltd. has proposed US$190 million to expand recycled cotton and yarn production, manufacture cylindrical lithium batteries, and build a 200-megawatt captive solar power plant in the Payra Port Industrial Zone.

Zhongxin Environmental Protection Group has submitted the largest single environmental investment proposal, offering US$1.65 billion to establish e-waste recycling and treatment facilities in the Payra Port Industrial Zone.

In the transport sector, CRRC Xi'an Co., Ltd. has proposed US$190 million for a rolling stock assembly plant through a joint venture with Bangladesh Machine Tools Factory (BMTF).

Sichuan Road and Bridge Group Co., Ltd. has proposed the largest overall investment package, offering US$4.5 billion for the Dhaka–Chattogram Highway Public-Private Partnership (PPP) project.

In the education sector, China KPE Education Group has proposed investing US$270 million to establish a modern, industry-oriented university with a capacity for 30,000 students, along with a technical education industrial park.

Additionally, Shandong Zhongxin Pharmaceutical Co., Ltd. has proposed US$190 million to develop large-scale cultivation of Chinese herbal medicinal plants in Bangladesh.

The investment proposals are subject to further discussions, regulatory approvals, and the signing of formal agreements before implementation.