December 02, 2019

SMEC and POWERCHINA collaborate to support business growth in Bangladesh

POWERCHINA International Group Limited and SMEC have signed a memorandum of understanding (MOU) to enhance both firms’ plans to develop and grow their business in the vibrant Bangladesh environment.

POWERCHINA International Group Limited and SMEC have signed a memorandum of understanding (MOU) to enhance both firms’ plans to develop and grow their business in the vibrant Bangladesh environment.

In Bangladesh, POWERCHINA is involved in project implementation across the energy, infrastructure and urban development sectors as a developer, investor and contractor.

“Given that SMEC has operated in Bangladesh since 1977 and has a strong track record in infrastructure development, it became clear that that the synergies between our organisations could be used to add value to projects and business development,” said Dr. Sayeed Ahmed, Executive Director – Bangladesh, SMEC.

“Bangladesh still has room to improve in its road, rail, water & urban sectors, and more investment will drive greater economic growth and opportunities, as well as positively impact local communities.”

Pan Dengyu, Vice president, POWERCHINA Eurasia, said “With strategic support from each other and relying on our respective unique advantages, both POWERCHINA and SMEC will take this opportunity to further establish and reinforce positive cooperation mechanisms, continuously improve business growth, and jointly contribute to the future prosperity of Bangladesh.”

For more information, please see our media release

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