From 3 months ago28 Nov 2018 10:55
Chinese state-owned company Powerchina is aiming to boost its presence in Bangladesh's power, infrastructure and water treatment sector.
Increased investment in these sectors is vital for Bangladesh's future development process, the company officials have said this week.
"So far, we have completed 10 projects in Bangladesh in the areas of power, river training, municipal works and road construction. The total worth of these projects is around US$ 750 million", said Xiong Lixin, executive vice president of Powerchina.
"At the same time, we have 12 ongoing projects amounting to $4.64 billion in the fields of power, river training works, sewerage treatment plant and railway construction", he added.
Powerchina, which started its business in Bangladesh back in the 1990s, owns various international brands like POWERCHINA, SINOHYDRO, HYDROCHINA, SEPCO, SEPCO III, HYPEC, SEPC, STECOL.