A Chinese company, High-Tech Seed Ltd, expressed on Monday interest to invest in food processing sector of Bangladesh, officials said.
Company chairman Jiang Sanquiao expressed the interest at a meeting with agriculture minister Dr Muhammad Abdur Razzaque at Bangladesh Secretariat in the capital, considering the business potential.
An agriculture ministry official, who was present at the meeting, told the FE that the minister suggested the company representatives to come up with specific proposals for investment in the food processing sector.
He also assured them of providing land for expanding their business here in a bigger way.
Dr Razzaque said that the government is encouraging the farmers to cultivate non-traditional crops instead of the traditional ones considering their economic benefits.
He informed that the soil and climate of Bangladesh are favourable for cultivating fruits like dragon, rambutan, coffee, abocado etc.
The chairman of High-Tech Seed Ltd., a well-known seed exporting company in China, sought minister's cooperation for marketing their high-quality seeds here in Bangladesh with the cooperation from Bangladesh Agriculture Development Corporation.
Apart from investment, the company also interested to jointly work with Bangladesh government for developing varieties of T- Aman rice and vegetables.
It is engaged in research, development, production, processing, marketing and technical services of new varieties of rice, wheat, corn, cotton, vegetables, melons, fruits etc.
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