Bangladesh and China today signed a memorandum of understanding (MoU) on economic and infrastructure cooperation at Mongla Port in Bagerhat.
The agreement was signed between Invest Bangladesh and China Railway Construction Corporation (CRCC) in the presence of Prime Minister Tarique Rahman.
Saleh Ahmed, member (Industrial Zone) of Invest Bangladesh, signed the agreement on behalf of the Bangladeshi side, while Li Chongyang, chairman of China Civil Engineering Construction Corporation, signed on behalf of the Chinese side.
Road Transport, Bridges, Railways and Shipping Minister Shaikh Rabiul Alam, Invest Bangladesh Authority Chairman Ashik Chowdhury and CRCC Chairman Dai Hegen were present at the signing ceremony.
Prime Minister’s Deputy Press Secretary Jahidul Islam Rony said the MoU would create opportunities to expand investment and economic cooperation in various sectors, including infrastructure, transport, logistics, industry, energy, environment and skills development.
Under the agreement, the two sides will explore investment opportunities in key sectors, including energy, industrial and green infrastructure, transport, logistics and human resource development.
Invest Bangladesh will also help connect investors with relevant public and private stakeholders and facilitate coordination to support investment initiatives.
The prime minister attended the signing ceremony and exchanged views with the Chinese delegation.
He reached Mongla by helicopter around 9:50am to attend a series of programmes during his daylong visit to Bagerhat and Khulna.
During the visit, Tarique is also scheduled to lay the foundation stone for the construction of two container jetties and ancillary infrastructure under a port expansion and modernisation project.