MoU Signed with China for Investment and Infrastructure Development

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A Memorandum of Understanding (MoU) on economic and infrastructure cooperation was signed between Bangladesh and China in the presence of Prime Minister Tarique Rahman. The MoU was signed between Invest Bangladesh and China Railway Construction Corporation (CRCC) on Thursday (November 5) morning in Mongla, Bagerhat.

Saleh Ahmed, Member of the Industrial Zone Division of Invest Bangladesh, signed the MoU on behalf of the organization, and Li Chongyang, Chairman of China Civil Engineering Construction Corporation, signed on behalf of China.

Invest Bangladesh Chairman Ashiq Chowdhury and CRCC Chairman Dai Hegen were present at the signing ceremony.

Under the MoU, opportunities will be created to expand investment and economic cooperation in various sectors in Bangladesh, including infrastructure, transport, logistics, industry, energy, environment, and skill development.

In addition to being present at the event, Prime Minister Tarique Rahman exchanged views with the Chinese delegation.

Earlier on Thursday, the Prime Minister arrived in Mongla, Bagerhat, by helicopter at 9:50 AM.

The Prime Minister’s itinerary in Mongla also includes laying the foundation stone for the construction of two container jetties and associated infrastructure development activities under the port expansion and modernization project.

It is hoped that this MoU signed between Bangladesh and China will create new possibilities for the country’s infrastructure development, investment expansion, and economic cooperation.