Tarique Rahman gestures towards the media during a press conference
Bangladesh Nationalist Party (BNP) chairman Tarique Rahman gestures towards the media during a press conference in Dhaka on February 14, 2026. Election Commission figures showed Rahman's BNP had won a landslide victory in the elections on February 12, the first since a deadly 2024 uprising ousted the iron-fisted rule of Sheikh Hasina. Photo by Sajjad HUSSAIN / AFP via Getty Images

Prime Minister Tarique Rahman arrived in Mongla on Thursday morning for a carefully planned day-long visit that placed the southwestern port at the centre of the government's effort to attract fresh Chinese capital and accelerate infrastructure work. He reached the area by helicopter shortly before 10 a.m. and was received by senior ministers and local lawmakers before moving into a series of events that combined diplomatic engagement with concrete project launches.

At the heart of the day's programme was the signing of a memorandum of understanding between Invest Bangladesh and China Railway Construction Corporation. The agreement, witnessed by the prime minister, is intended to open channels for investment and practical cooperation across energy, transport, logistics, industrial development, green infrastructure and human-resource training. Officials present described the document as a framework rather than a finished package of projects. It commits both sides to identify viable opportunities, link potential Chinese investors with Bangladeshi public and private stakeholders, and coordinate regulatory and logistical support.

After the signing, Rahman sat down with a high-level Chinese delegation led by CRCC Chairman Dai Hegen. In the discussion he underlined the government's interest in drawing more Chinese companies into the Mongla region and beyond. He specifically pointed to the need for reliable electricity and gas supplies so that industrial activity can expand from the port toward northern districts. He also thanked the Chinese side for facilitating the recruitment of Bangladeshi workers by Chinese firms operating in the Middle East, a point that has gained attention amid ongoing concerns over overseas employment.

Later in the day the prime minister was scheduled to lay the foundation stone for a major expansion of Mongla Port itself. The project, valued at roughly Tk 4,068 crore, includes the construction of two new container jetties and related yard and handling facilities. Chinese financing is expected to cover the larger share of the cost, consistent with earlier loan arrangements concluded during Rahman's recent visit to Beijing. Port authorities have said the upgrades should raise annual container capacity by several hundred thousand TEUs and reduce pressure on the country's main seaport at Chattogram.

The visit comes at a moment when the new government is seeking to convert political stability into visible economic gains. Mongla has long been viewed as an under-utilised asset; successive administrations have spoken of developing it into a secondary maritime and industrial hub, yet progress has often been slow. Thursday's events were presented by government representatives as a practical step toward that goal, pairing an investment-facilitation agreement with physical infrastructure work.

No detailed project list or fixed investment totals beyond the port expansion were released immediately after the meetings. Officials indicated that follow-up discussions would determine which proposals move from the MoU stage into actual contracts. Local business groups in Khulna and Bagerhat have previously argued that improved port capacity and reliable utilities could attract light manufacturing and logistics firms that currently cluster around Dhaka and Chattogram.

For the government, the Mongla programme also serves a broader political purpose. By appearing alongside Chinese counterparts at a visible construction site, Rahman is able to demonstrate continuity in foreign economic relations while signalling that the post-election administration intends to prioritise infrastructure outside the capital. Whether the MoU and port works translate into sustained investment will depend on subsequent negotiations, power and gas availability, and the overall investment climate in the months ahead. For now, Thursday's visit has placed Mongla firmly on the short-term agenda of Bangladesh-China economic cooperation.