
Bangladesh’s July-January FDI has reportedly registered a substantial growth — about 30.4 per cent — compared to the net FDI received in the same period in financial year 2014-15
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According to Bangladesh Bank, the net FDI was US $1.7 billion in 2014-15 fiscal year and a little over US $1.43 billion in 2013-14. The FDI in Bangladesh’s capital market, however, dropped sharply in July-January period to US$8 million from last fiscal year’s US$316 million.
According to Finance Minister AMA Muhith, the credit for this goes to the ‘strong’ base of Bangladesh’s economy and the ‘stable’ political condition, which have resulted in rise in FDI despite the global recession. “The rise in FDI means that an environment of investment has been created in the country. Bangladesh is getting attractive to the foreign investors,” Muhith said, adding, “It has positively affected the foreign investment.” The minister also said that the continuous GDP growth of over 6 per cent has added gloss to Bangladesh’s image.
It may be mentioned here that Bangladesh is emerging as a strong favourite destination for overseas investors. “An investment-friendly atmosphere is prevailing in Bangladesh as our government has already addressed various problems, including electricity, infrastructure and communication. So I hope that European countries would invest in Bangladesh in a larger volume by exploiting this opportunity,” Prime Minister Hasina recently told a visiting European delegation, while seeking increased investments from Europe in various sectors in Bangladesh.
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Earlier, the newly-appointed British High Commissioner Alison Blake, who also called upon the PM, reportedly also showed keen interest in encouraging UK investors to invest in Bangladesh. The British High Commissioner reportedly stated that UK-based businesses want to expand their operations in Bangladesh, especially in the energy sector.
The UK is one of the largest sources of Foreign Direct Investment (FDI) in Bangladesh. Around 100 firms are currently operating in Bangladesh.






