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The Government of Bangladesh has secured commitments worth $2.1 billion in investments, loans, and grants from the Chinese government and private companies. According to the ‘Chief Advisor GOB’ Facebook page, Dr. Muhammad Yunus invited Chinese enterprises to invest in Bangladesh’s manufacturing sector, resulting in pledges from 30 Chinese companies to invest $1 billion in a dedicated Chinese industrial zone. Additionally, China has allocated $400 million for the modernization of Mongla Port, $350 million for the Chinese industrial economic zone, and $150 million in technical assistance loans. The remaining funds will be distributed as grants and other financial aid.

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