Bangladesh-China economic diplomacy | 2018-08-12 | daily-sun.com

Bangladesh-China economic diplomacy

    11th August, 2018 09:47:53 printer

Bangladesh-China economic diplomacy

The economic ties between China and Bangladesh has been bolstering any time since the past as China has been investing sizable amount in Bangladesh’s developmental infrastructures. As part of their USD 30 billion commitment, China is investing in roads, railways, power, bridges, EPZs and the Karnaphuli tunnel etc. Very recently China has procured 25 percent stake of Dhaka Stock Exchange (DSE). They have also invested in heavy infrastructures like Padma Bridge and Padma railway connectivity projects. China is also investing in the metro rail project. We need more investment like China is making. China must be given more facilities and incentives for investing in the country. We should reap the benefit from friendly nations utilising economic diplomacy. India being a neighbouring country and arch rival of China is not taking these developments well and media reported that many investment proposals were shelved due to interferences by India. We need more allies besides India and China to assist our country in developing the infrastructures and economy.

 

Mohammad Zonaed Emran, MNC Banking Unit, Mutual Trust Bank Limited, Corporate Head Office, Dhaka


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