Bangladesh ideal place for Chinese investment: Ambassador Li Jun
3/19/12
Chinese Ambassador Li Jun (online file)-

“China will do its utmost to enhance the economic and trade cooperation between the two countries and continue to encourage more qualified Chinese enterprises to invest in Bangladesh,’’ he said.

Li Jun made the remarks at a “Meet the Press’’ held at National Press Club on Monday afternoon with its president Kamal Uddin Sabuj in the chair. Press Club general secretary Syed Abdal Ahmed was, among others, present.

The Chinese Ambassador said Bangladesh has a fairly good investment environment and plenty of labour force which is fairly low-cost.

Referring to his mission in Bangladesh, Li Jun said he would continue to push for intensified cooperation in trade, investment, agriculture, transportation and infrastructure development on the basis of mutual benefit.

He said that he would try to strengthen exchanges and cooperation between the militaries and law enforcement departments to safeguard respective national security and stability, and promote peace in the region.

The Ambassador further said that his efforts would aim at more exchanges of high-level visits and friendly exchanges between government agencies, parliaments, political parties and non-governmental organizations.

Asked about the Chinese assistance to the construction of the Sonadia deep seaport in Chittagong, he said the Chinese government supports
the proposed deep seaport which is important for Bangladesh to make
it a regional hub of transportation and commercial activities.

Li Jun said the Chinese enterprises want to participate in the project in commercial manner and some Chinese enterprises have already done some research work on it.

Asked about China’s assistance to the Padma Bridge project, he said China will consider if the Bangladesh government makes formal request. He, however, said it is better for Bangladesh to first settle the dispute with the World Bank.

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