Market News
Chinese envoy says companies interested in Bangladesh's growing steel industry

Chinese companies are interested on investing in Bangladesh's steel sector as it is a growing industry, said Chinese Ambassador Zhang Zuo.

At a meeting with Planning Minister AHM Mustafa Kamal at the ministry on Wednesday, Zuo said several companies were eager to come over for investing in potential areas such as fisheries, agro-processing, footwear, processed food and readymade garment.

A planning ministry statement says Kamal asked Zuo to consider Bangladesh as a prime investment destination and support the country and enhance relations by bringing in more investment to special economic zones.

There are ample opportunities in marine fisheries and maritime technology, he said, adding that the Blue Economy was a vast area where Chinese public companies could invest in to extract natural resources, including fisheries and minerals.