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Chinese solar panel giant Longi to invest in BD: Ambassador Yao

Published : Monday, 17 March, 2025 at 12:00 AM  Count : 489
Longi, the largest solar panel manufacturer in the world, has decided to set up an office and invest in solar panel manufacturing in Bangladesh, Chinese Ambassador to Bangladesh Yao Wen said on Sunday.

The Ambassador said several top Chinese solar panel manufacturers visited Bangladesh in December to explore opportunities to invest in the country.

They made the visit after Chief Adviser Prof Muhammad Yunus extended an invitation to Chinese companies to relocate their manufacturing plants here as part of the interim government's plan to turn the country into an economic hub.

Of the companies that visited Bangladesh, Ambassador Yao said, at least two Chinese firms, including Longi, have decided to set up offices and plants in the country. "They will invest in Bangladesh very soon," he told Dr Yunus at the State Guest House Jamuna.

Ambassador Yao said Chinese firms have been the largest investors in Bangladesh since August 5, when the autocratic regime of Sheikh Hasina was ousted from power.

He said dozens of Chinese companies have lined up to invest in Bangladesh as a dedicated Chinese export processing zone is expected to work soon.

Ambassador said the upcoming official visit of the Chief Adviser to China would be the most important one in the 50-year-long relationship between the two 'trustworthy" and close friends.

Prof Yunus welcomed more Chinese investors in Bangladesh, saying the country can be a top manufacturing hub for companies who want to export goods to Western nations.

He urged Chinese hospital chains to set up top clinics here or build joint venture healthcare facilities with their Bangladeshi counterparts.

"Bangladesh needs massive investment in healthcare. The Chinese hospital chains now have unique opportunities to construct hospitals here," he said. �"UNB



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