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Chinese proposals for Deep-Sea Port, Satellite

Different govt voices being heard

Says Ambassador Li Jun

Diplomatic Correspondent
China yesterday said decisions about building a deep-sea port and launching of Bangladesh's first satellite "Bangabandhu Satellite" in space now lay with Dhaka, as Beijing had already expressed its interest in the projects.
"It's for Bangladesh's government to make their decision...also there are different voices coming from the government side, so I keep silence," Chinese Ambassador Li Jun told a country lecture session in the capital.
The Bangladesh Institute of International Strategic Studies (BUSS) organised the session styled "China's Development and China-Bangladesh Relationship" in its auditorium with BUSS Chairman Munshi Faiz Ahmad in the chair.
The Chinese envoy mentioned that these two projects and construction of an exhibition centre in Bangladesh were among several important projects discussed during Bangladesh prime minister's visit to China in 2010.
Official sources said the government was examining the proposals of some countries to invest in the proposed deep-sea port at Sonadia Island in Cox's Bazar while the offer of China Great Wall Industry' Corporation (CGWIC) over the launch of "Bangabandhu Satellite" was also under consideration.
Chinese firms are willing to take up the deep-sea port project, Li Jun said, adding that he was now hearing "different voices" from Bangladesh's government.
Regarding satellite launching, he said CGWIC was the sole commercial organisation authorised by China's government to provide satellites, commercial launch services and international space cooperation. "It's an issue for Bangladesh government to decide."
About the progress of the exhibition centre project, Li Jun said Chinese experts who visited Bangladesh had almost finalised the design. "It's progressing but still there are things to be discussed."
Terming Bangladesh as the best destination for Chinese investment, he said an exclusive EPZ for China would be much helpful for an easier access for investors. "Let Chinese companies come here because they know the Chinese market's need."
China is now restructuring its economy and the annual outbound Chinese investment has been around US$ 100 billion in the last few years.
Quoting a Chinese importer, the ambassador said Bangladesh's ready-made garment (RMG) export to China would climb to $1 billion from current $100 million within three to five years.
"Thinking that the Chinese market for RMG is over $200 billion and die labour cost skyrockets in China, I don't think his (importer) prediction is unreasonable," Li Jun added.
He also talked about Bangladesh-China-India-Myanmar Economic Corridor (BCIM-EC) and mentioned that transportation connectivity would lay an important foundation. "But the economic corridor must not be confined to transportation."
Terming Bangladesh a big power in South Asia, the envoy said China was ready to work with other countries in the region to build a peaceful, prosperous and open Asia and maintain peace, stability and tranquillity in its neighbourhood by enhancing "political mutual trust".
In reply to a question on US-Bangladesh security dialogue, he said China welcomed US-Bangladesh cooperation. "We are very much positive.. .we hope every power inside and outside plays a peaceful role in this region through mutually beneficial cooperation." He also said similar dialogue between Bangladesh and China was continuing too.