Tata seeks to restart multi-billion-dollar Bangladesh investment

0 Comments | AFP, February, 2007

DHAKA (AFP) — India's powerful Tata Group said it wants to restart talks with Bangladesh's government on a three-billion-dollar plan to build a slew of industrial projects in the impoverished nation.

The group suspended its proposal to construct a power plant, steel mill and fertiliser factory as well as to develop coal mining last July after the previous government halted talks until after national elections.

The polls, originally set for January, have since been postponed amid charges of vote-rigging and widespread political unrest.

No new date has been set.

"I met the foreign ministry advisor early this week and discussed how we could take the proposals forward," Tata's Bangladesh representative Syed Manzer Hossain told AFP.

"Our proposals...

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