Home / News Flash / July 10, 2017: Deep sea port, Chinese FDI in Bangladesh

July 10, 2017: Deep sea port, Chinese FDI in Bangladesh

Every day, CPD RMG Study team reveals what’s on our economic and apparel radar and curates a selection of the best reports, opinion, and analysis you may have missed

 

Deep-sea port may not be viable

A deep-sea port may not be viable for Bangladesh as big ships are unlikely to come in here diverting from the main shipping route, an expert said yesterday, the Daily Star reported.

“Chittagong does not fall on the main shipping route from Asia to Europe. You are in the Bay of Bengal. So it is unlikely that the big ships will come in,” the report quoted  SS Teo, managing director of Pacific International Lines (Pte) Ltd, as saying.

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India to review Chinese FDI in Bangladesh, other South Asian countries

Indian government has decided to review the inflow of the foreign direct investment (FDI) from China to Bangladesh as well as other South Asian countries, Financial Express reported.

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