Two Chinese companies—Hangzhou IV Supply Chain Co. Ltd. and Guopu Energy Technology Co. Ltd.—have submitted proposals to invest in Bangladesh’s apparel and renewable energy sectors. Guopu Energy has proposed to invest $50 mn. The companies’ proposal, submitted at the Bangladesh Investment Summit in November 2021, is with the ministry of foreign affairs.
Hangzhou IV Supply Chain Co Limited proposed to set up a garments manufacturing unit in an economic zone under the Bangladesh Economic Zones Authority, according to Bangladeshi media reports.
As for Guopu Energy, it specialises in renewable energy projects. It has stakes in consulting and planning, construction, technology development of solar and wind power stations and biological power stations.
Two Chinese companies—Hangzhou IV Supply Chain Co. Ltd. and Guopu Energy Technology Co. Ltd.—have submitted proposals to invest in Bangladesh’s apparel and renewable energy sectors. Guopu Energy has proposed to invest $50 mn. The companies’ proposal, submitted at the Bangladesh Investment Summit in November 2021, is with the ministry of foreign affairs.
