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
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
Bangladesh needs to ramp up its efforts in elevating competitiveness in attracting foreign direct investment and private investment, experts said yesterday.