Special economic zone for Chinese investors: Tofail
Commerce Minister Tofail Ahmed yesterday said the government has decided to set up a special economic zone for Chinese investors as they are interested to invest more in Bangladesh.
He spoke to reporters after a meeting with Chinese Ambassador to Bangladesh Li Jun at his office in the secretariat.
The minister said no specific area has been selected yet for the special economic zone but a suitable place will be chosen soon. He said the special economic zone will be chosen from the 17 economic zones the country now has.
The envoy said China will help Bangladesh become a middle-income country.
The minister said an agreement will be signed between the two countries over duty-free facilities of all goods exported to China from Bangladesh.
Besides, the Chinese government offered support for some big projects, including container depots and terminals, Ahmed said.
The minister said a garment industrial park with 250 garment factories will be established in Baushia of Munshiganj district, creating jobs for about 2.5 lakh people.
Besides, the Chinese government will provide their financial assistance in relocating Dhaka International Trade Fair to Purbachal, he said.