Source link : https://capital-cities.info/2026/01/23/world/asia/china/government-fast-tracks-48-million-chinese-economic-zone-in-chittagong-to-ignite-investment-growth/
In a decisive move to bolster foreign investment and enhance economic ties, the Bangladeshi government has accelerated the development of a $48 million Chinese economic zone in Chittagong. As part of its broader strategy to attract Chinese investors, this initiative aims to create a robust infrastructure that supports various industries, particularly in the textiles and apparel sector. The Chittagong economic zone is expected to serve as a vital catalyst for economic growth in the region, fostering job creation and enabling technology transfer. With the backdrop of increasing global competition for investment, this fast-tracking of the economic zone underscores Bangladesh’s commitment to enhancing its appeal as a destination for foreign capital and investment, particularly from China, which has emerged as a key player in the country’s economic landscape.
Government Initiatives to Accelerate Chinese Investment in Chittagong Economic Zone
The government of Bangladesh is taking significant steps to enhance the investment landscape in the Chittagong Economic Zone, particularly by fast-tracking the development of a US $48 million project aimed at attracting Chinese investors. This initiative is part of a broader strategy to bolster industrial growth and economic diversification in the region. Key components of this initiative include:
- Streamlined Approval Processes: Regulatory barriers are being minimized to facilitate quicker project approvals and operational licenses…
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Author : Miles Cooper
Publish date : 2026-01-23 00:55:00
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