“We are at an important point in our journey, and I can unequivocally say that Bangladesh is open for business, ready for the future, and eager to work with China, one of our oldest and trusted friends,” he said.
China is moving up the global value chain. He said Chinese companies are becoming leaders in advanced manufacturing, high-value infrastructure and clean energy.
As China climbs up the ladder, parts of the manufacturing ecosystem will look for new, competitive and reliable locations, he said, adding that Bangladesh could be one of those locations.
“We are inviting Chinese companies to expand their value chain in Bangladesh. We can help Chinese companies serve global markets while benefiting from growing domestic demand.
It is a complementary, practical and win-win relationship. The words must match the structural functions,” he said.
Tariq Rehman said his government has drawn up a stringent action plan of 180 days to streamline the machinery dealing with international capital to demonstrate its commitment.
“Through this scheme, we are directly targeting bureaucratic inertia. We are improving long-term policy continuity, reducing overlapping regulatory processes, and digitalizing government services to improve transparency, predictability and speed,” he said.