Bangladesh's interim government leader Muhammad Yunus highlighted the transformative impact of China's Belt and Road Initiative (BRI) on his country's economy during recent remarks in Beijing. As the first South Asian nation to join the BRI through a partnership agreement, Bangladesh has seen infrastructure upgrades and enhanced regional connectivity drive economic growth.
Yunus credited the BRI with 'robustly invigorating' local economic activities, emphasizing improved road networks, energy projects, and trade corridors that align with Bangladesh's development goals. The collaboration underscores rising economic ties between the two countries, with Bangladesh positioned as a key hub for China's South Asia engagement.
Experts note that BRI projects in Bangladesh, including the Padma Bridge Rail Link and coal-fired power plants, have attracted significant investment while addressing critical infrastructure gaps. Analysts suggest this partnership could reshape regional trade dynamics, offering lessons for developing economies balancing growth with strategic partnerships.
Reference(s):
BRI helps invigorate Bangladeshi economy: Interim govt chief adviser
cgtn.com