Two MoUs signed in China
Tuesday, 10 June 2014
BEIJING: Two important agreements, one between China and Bangladesh and another between a Chinese company and Bangladesh Garment Manufacturers and Exporters Association (BGMEA), have been signed on the occasion of the Prime Minister’s visit to China, according to a news agency.
On Monday night, Bangladesh and China signed a memorandum of understanding (MoU) on construction of a tunnel beneath the Karnaphuli River in Chittagong.
Chinese government will construct the tunnel involving US$ 1 billion, foreign ministry sources said.
Communications Secretary khandakar Anwarul Islam and Vice Minister of the Ministry of Transport and Communications of China Chi-Kuo Mao signed the MoU on behalf of their respective sides.
Besides, BGMEA Tuesday signed a memorandum of understanding (MoU) with Orion International Holding Company of China for the development of a Garment Village in Bangladesh.
As per the MoU, the Orion Holding will construct the garment village at Gazaria in Munshiganj district.
BGMEA president Atiqul Islam and chief executive officer of the Orion Holding Tang Xiaoji signed the MoU in presence of Prime Minister Sheikh Hasina.