Belt and Road Initiative & Bangladesh slide image

Belt and Road Initiative & Bangladesh

4.3 Materialising BRI in Bangladesh . The Zhejiang Jindun Pressure Vessel Co Ltd of China has proposed to invest USD 5 billion in one zone to build up heavy industry in Chattogram, including establishing a 2.6-gigawatt power plant. SEZ for Chinese Investment • . As part of Bangladesh government's initiative on establishing Sepecial Economic Zone (SEZ), Chinese Economic and Industrial Zone (CEIZ) is being developed in Anwara Upazilla of Chattogram district on a land of 783 acres. State-run China Harbour Engineering Company holds 70 percent share in the joint venture. CEIZ will be the first specialized G2G economic zone. Financial Sector Agreement has been reached between the Dhaka Stock Exchange and the Shanghai Stock Exchange and Shenzhen Stock Exchange. According to the agreement DSE would sell 25 percent stake to the Shanghai and Shenzhen Stock Exchange for USD 119 million in May 2018. The Chinese consortium also agreed to provide technical support equivalent to USD 37 million. CENTRE FOR POLICY DIALOGUE Belt and Road Initiative & Bangladesh 23 23
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