Twelve Chinese companies have proposed a combined investment of USD 9.21 billion in Bangladesh, spanning the energy, infrastructure, logistics, manufacturing, and education sectors.

The proposals were formally presented to Prime Minister Tarique Rahman by chief executives and senior representatives of the respective firms during his official visit to Beijing on June 25.

Ashik Chowdhury, Executive Director of the Bangladesh Investment Development Authority (BIDA), who attended the meetings, stated on Saturday that the restoration of political stability following the assumption of office by the newly elected BNP government has significantly bolstered investor confidence.

He further noted that, for the first time, Bangladesh presented a five-year tax outlook to prospective foreign investors, a move designed to highlight policy stability and long-term predictability.

The wide-ranging investment proposals include several high-impact projects: Shanghai SUS Environment Co. Ltd. has proposed USD 890 million for the development of Waste-to-Energy (WTE) plants, while the China Future Energy Group Holding Limited has proposed USD 250 million for gas field exploration and development.

The China Civil Engineering Construction Corporation (CCECC) offered USD 650 million to develop and operate the Mongla Port Economic Zone, a project which includes bonded warehouse facilities and logistics infrastructure that is expected to generate around 50,000 jobs.

In the technology and manufacturing sectors, Shenzhen Kaifa Technology Co. Ltd. proposed a USD 250 million investment in the production of electric smart meters, while SF Express sought to invest USD 180 million in cold-chain logistics and bonded warehouse facilities in Mongla to support the growth of e-commerce and export industries.

Additionally, Huaxin Textile Industry Co. Ltd. proposed USD 190 million for the expansion of recycled cotton and yarn production, the manufacturing of cylindrical lithium batteries, and the establishment of a 200 MW captive solar power plant in the Payra Port Industrial Zone.

The single-largest environmental investment proposal came from the Zhongxin Environmental Protection Group, which suggested USD 1.65 billion to establish an e-waste recycling and disposal industrial project, also located in the Payra Port Industrial Zone. Meanwhile, CRRC Ziyan Co. Ltd. proposed a USD 190 million investment in a rolling stock assembly plant through a joint venture with the Bangladesh Machine Tools Factory (BMTF).

The Sichuan Road & Bridge Group Co. Ltd. put forward a significant USD 4.5 billion investment for the Dhaka-Chattogram Highway Public-Private Partnership (PPP) project.

Finally, the education and pharmaceutical sectors are set to benefit from proposals by the China Kepai Education Group, which proposed USD 270 million to establish a modern application-oriented university and a vocational education industrial park with a capacity for 30,000 students and the China Shandong Zhongxin Pharmaceutical Co. Limited, which proposed USD 190 million to develop a large-scale cultivation industry for Chinese medicinal herbs in Bangladesh.