B Mirror Report: Eleven leading Chinese companies have proposed investing a total of US$9.21 billion in key sectors of Bangladesh, including energy, infrastructure, logistics, manufacturing, technology, education, and environmental protection.

The investment proposals were presented during a meeting between Prime Minister Tarique Rahman and chief executive officers (CEOs) and senior executives of the Chinese firms in Beijing on June 25. Bangladesh Investment Development Authority (BIDA) Executive Chairman Ashik Chowdhury also attended the meeting.

Briefing journalists on Saturday, Ashik Chowdhury said the newly elected government’s assumption of office has restored political and economic stability, helping rebuild the confidence of foreign investors. He added that Bangladesh’s first-ever five-year tax outlook has also strengthened investor confidence by providing greater policy predictability.

Among the proposed investments, Sichuan Road and Bridge Group offered the largest commitment of US$4.5 billion for the Dhaka–Chattogram Highway Public-Private Partnership (PPP) project. Zhongxin Environmental Protection Group proposed investing US$1.65 billion in an e-waste recycling and disposal facility at the Payra Port Industrial Zone.

Other proposals include investments in gas field exploration, waste-to-energy plants, Mongla Port logistics infrastructure, smart electric meter manufacturing, cold-chain logistics, recycled textile production, lithium battery manufacturing, railway component assembly, an applied university and technical education park, and the cultivation of Chinese medicinal herbs.

According to BIDA, the proposed investments are expected to boost industrial development, create employment opportunities, strengthen infrastructure, and support Bangladesh’s long-term economic growth.