LETTERS TO THE EDITOR
Chinese investors are welcome
November 30, 2024 00:00:00
China-based businessmen are being encouraged to invest in Bangladesh, especially in light of the post-election scenario in the United States. Bangladesh presents itself as a promising destination for Chinese businesses looking to shift or diversify their manufacturing bases.
Following the U.S. election, there are indications that tariffs and trade barriers for China-based businesses may rise significantly. This creates opportunities for investment in Bangladesh, particularly in industries such as garments, electronics, the solar value chain, and automotive manufacturing.
Bangladesh offers a favourable investment environment, supported by attractive incentive programmes and benefits for investors. As a long-standing trading partner, China has already established strong economic ties with Bangladesh, becoming the country's largest source of foreign direct investment (FDI) in 2022.
This upward trend in investment is expected to continue, especially with the anticipated policy changes under the new Trump administration, which will take office in January 2025.
Ashikujaman Syed
Business Development Manager
Fuyi (Xiamen) Material Technology Co. Ltd.
Xiamen, China
[email protected]