Chinese Companies Pledge $9.21 Billion Investment in Bangladesh

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Eleven Chinese companies have proposed to invest a total of USD 9.21 billion in Bangladesh. The CEOs of these companies met with Bangladesh Prime Minister Tarique Rahman in Beijing on June 25. The Chairman of the Bangladesh Investment Development Authority, Ashik Chowdhury, also attended the meeting and emphasized the stability in the country under the newly elected government. The proposed investments cover a wide range of sectors. China Future Energy Group Holding Limited plans to invest USD 250 million in gas field exploration. Shanghai SUS Environment Co., Ltd. aims to invest USD 890 million in Waste-to-Energy plants development. China Civil…

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