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Bangladesh seeks capital investment

China Daily | Updated: 2012-08-20 08:02

Bangladesh seeks capital investment

Bangladesh seeks capital investment

Energy and infrastructure outlays could put Bangladesh on course for double-digit growth

One of China's most valued neighbors, thanks to a thriving partnership in garment exports, Bangladesh is working hard to attract investment in infrastructure and power generation - the tools needed to change the dynamic of its economy.

Growing at an average rate of 6.8 percent and with export revenues up by 40 percent in 2011 from the previous year, Bangladesh's private-sector led economy is currently the third-highest performing in Asia. Pundits believe double-digit growth could be within easy reach if investment in even one single hydroelectric power station was made, and Bangladesh is looking to China and other potential partners in helping it close up the 3,000 megawatt shortfall.

Bangladesh seeks capital investment

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