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'Friend' China's projects run into rough weather in Bangladesh
By Dipanjan Roy Chaudhury
PUBLISHED: 23:17 GMT, 6 May 2012 | UPDATED: 23:17 GMT, 6 May 2012
China has been funding key infrastructure projects across the Indian neighbourhood, much to New Delhi's discomfiture.
But four of the major projects, including the Deep Sea Port (DSP) and a power plant in Bangladesh funded by Beijing, have run into serious trouble.
China has for long funded infrastructure projects in Bangladesh. It's no secret that China's People's Liberation Army maintains close ties with its Bangladesh counterpart.
China is also the largest supplier of military hardware to Bangladesh. But the bilateral ties are said to have been hit recently following snags in key projects. The strategically located DSP at Bangladesh's Sonadia is being built by China Merchants Holdings International Co.Ltd. (CMHI).
But the Sheikh Hasina government has reportedly sought Japanese soft loan instead of Chinese loan favoured earlier. Hasina is said to have asked the Bangladesh shipping minister to look for more than one financier.
Ironically, it was Hasina, who during her Beijing visit in 2011, sought Chinese assistance to build the DSP. China says this DSP can become a regional transportation and logistic centre.
Being landlocked, the Yunnan province of China seeks greater economic engagement with Bangladesh, including an access to the Bay of Bengal. Both Beijing and Dhaka have been negotiating a number of mega-infrastructure projects, notably highway and railway networks, connecting Chittagong and Kunming through Myanmar.
Besides the DSP, a dredging project in Gorai river funded by China Harbour Engineering Company (CHEC) has also come under the scanner. There are reports of gross irregularities in the 9.43-billion taka project.
The 1,320-MW power plant at Anwara, Chittagong, being built by China Hudian Hong Kong Company is also facing the Bangladesh High Court's wrath.
Following a PIL, the court directed the government to suspend proceedings for setting up the power plant on environmental concerns till further orders.
Read more: 'Friend' China's projects run into rough weather in Bangladesh | Mail Online
By Dipanjan Roy Chaudhury
PUBLISHED: 23:17 GMT, 6 May 2012 | UPDATED: 23:17 GMT, 6 May 2012
China has been funding key infrastructure projects across the Indian neighbourhood, much to New Delhi's discomfiture.
But four of the major projects, including the Deep Sea Port (DSP) and a power plant in Bangladesh funded by Beijing, have run into serious trouble.
China has for long funded infrastructure projects in Bangladesh. It's no secret that China's People's Liberation Army maintains close ties with its Bangladesh counterpart.
China is also the largest supplier of military hardware to Bangladesh. But the bilateral ties are said to have been hit recently following snags in key projects. The strategically located DSP at Bangladesh's Sonadia is being built by China Merchants Holdings International Co.Ltd. (CMHI).
But the Sheikh Hasina government has reportedly sought Japanese soft loan instead of Chinese loan favoured earlier. Hasina is said to have asked the Bangladesh shipping minister to look for more than one financier.
Ironically, it was Hasina, who during her Beijing visit in 2011, sought Chinese assistance to build the DSP. China says this DSP can become a regional transportation and logistic centre.
Being landlocked, the Yunnan province of China seeks greater economic engagement with Bangladesh, including an access to the Bay of Bengal. Both Beijing and Dhaka have been negotiating a number of mega-infrastructure projects, notably highway and railway networks, connecting Chittagong and Kunming through Myanmar.
Besides the DSP, a dredging project in Gorai river funded by China Harbour Engineering Company (CHEC) has also come under the scanner. There are reports of gross irregularities in the 9.43-billion taka project.
The 1,320-MW power plant at Anwara, Chittagong, being built by China Hudian Hong Kong Company is also facing the Bangladesh High Court's wrath.
Following a PIL, the court directed the government to suspend proceedings for setting up the power plant on environmental concerns till further orders.
Read more: 'Friend' China's projects run into rough weather in Bangladesh | Mail Online