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, reports BSS. Tofail said this while talking to reporters after a meeting with Chinese Ambassador to Bangladesh Li Jun during at his office. Replying to a question, the minister said no specific area has been selected yet for the special economic zone but a suitable place will be chosen soon. Tofail said now there are 17 economic zones in Bangladesh and the Special Economic Zone for China will be chosen from those. The minister also said an agreement will be signed between Bangladesh and China 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, Tofail said. He said the Chinese Ambassador said China will help Bangladesh become a middle-income country. 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.
Source: https://www.theindependentbd.com/index.php?option=com_content&view=article&id=255322:special-economic-zone-for-chinese-investors-tofail&catid=108:business-finance&Itemid=152
