China wants to invest more in Bangladesh and is interested in setting up an electric vehicle manufacturing factory in the country, said Chinese Ambassador to Bangladesh Yao Wen.
The Chinese ambassador made the remarks while speaking to journalists after a meeting with Planning Minister MA Mannan at the Planning Ministry on Wednesday.
The ambassador said that as a long-time tested friend of Bangladesh, China will provide all kinds of cooperation in the development of bilateral commercial relations.
“If Bangladesh goes from a less developed country to a developing country in world trade after 2026, China will stand by it by providing duty and quota free trade facilities. China is not worried about Bangladesh in repaying the foreign debt,” he added.
“Our cooperation, the long-term cooperation, is for the benefit of the people of Bangladesh. After the Padma Bridge, China wants to invest in infrastructure development in the western region. At the same time, investors are interested in working together with Bangladesh in the production of electric vehicles,” he mentioned.
Regarding further investments, Ambassador Yao Wen said China would like to invest more in projects in the southern regions of the country now that connectivity has improved because of the Padma Bridge.
When asked about China's position in Bangladesh's upcoming national election, the envoy said, “China will not interfere in other countries' internal affairs.”
“China will not interfere with the election, the people of Bangladesh will decide who will come to power in the next election,” he added.
He also said China is interested in providing training for Bangladeshi personnel involved in long-term development projects.
Regarding the meeting, the Planning Minister said that after the Padma Bridge, China wants to invest in the infrastructure development of the western region. At the same time, Chinese investors are interested in working together with Bangladesh in the production of electric vehicles, he mentioned.
Bangladesh considers China an important neighbour, the minister further said.
“China is an important friend of Bangladesh. We value it,” he added.
