Says Ashik Chowdhury, head of government’s key investment promotion agencies BIDA, BEZA
A lack of safety in foreign manufacturing and industrial units in Bangladesh, stemming from the debilitating law and order situation and labour unrest, has become a cause of major concern for foreign investors, denting their confidence.
Govt has a lot to do to recover business and investor confidence
In 2023, existing companies reinvested earnings of $2.20 billion out of total net FDI inflow of $3 billion. This means that 73.5 percent of FDI came from existing investors.
Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times
Government should focus on making entrepreneurship easy and hassle-free
Political will needed to address major trade, investment barriers
Fostering a conducive environment for expatriate contributions is vital
Increased private, foreign investments key to our economic recovery
There has been a healthy debate as to whether Bangladesh should open up Foreign Direct Investment (FDI) in the apparel sector where, until now, the majority of investors are local entrepreneurs, with the exception of some foreign companies who have invested in garment businesses inside the Export Processing Zones (EPZs).
Shipping Minister Shajahan Khan tells parliament that the Payra Seaport will be built on a government-to-government (G-to-G) and foreign direct investment (FDI) basis.
According to central bank data, foreign direct investment (FDI) rose 31 percent over the last one year to US$2.7 billion.
The investors – both foreign and domestic – are scared to invest in expensive and long-life projects due to the increasing insecurity and disorder. The public order management, police patrol and intelligence need to go through a major overhaul.
According to the report titled “Illegal Financial Flows from Developing Countries: 2004-2013” published by Global Financial Integrity...
The rate of return in Bangladesh is still high enough to attract new businesses. The businesses that desperately seek to install plants in foreign lands did not exhaust domestic possibilities by scanning our potential.
Looking at the trend in the investment-GDP ratio since 1979-80, we can suggest four different investment regimes in Bangladesh.
The government disputed a report brought out by the United Nations Conference on Trade and Development (UNCTAD) which stated that foreign direct investment (FDI) had slipped by 4.5 percent in 2014.
In this backdrop attention has been shifted towards the emerging economies in the global South which have shown promises through strong economic growth during the last two decades.