Though the global flow of Foreign Direct Investment (FDI) is showing downward trend, Bangladesh achieved remarkable success in attracting FDI in 2018 because of the government’s investment-friendly policies, observed speakers at a media briefing in Dhaka on Monday.
They came up with the observation at the media briefing on ‘World Investment Report 2019, Bangladesh Scenario’ at the Sonargaon Hotel in the city, reports BSS.Bangladesh Investment Development Authority (BIDA) organised the media briefing for giving the investment scenario of Bangladesh as per investment data of the United Nations Conference on Trade and Development (UNCTAD), which was published on June 12.
Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahman attended the media briefing as the chief guest while Principal Coordinator (SDG Affairs) of the Prime Minister Office Md Abul Kalam Azad and Executive Chairman of the Bangladesh Economic Zones Authority (BEZA) Paban Chowdhury were present as special guests. BIDA Executive Chairman Kazi Aminul Islam presided over the media briefing.
As per the UNCTAD investment data, global flow of FDI fell by 13 percent to US$1.3 trillion in 2018. But Bangladesh has received a record level of FDI worth $3613.30 million in 2018, registering 67.94 percent year-on-year growth. In 2017, the country was received $2151.56 million of FDI.
Among other South Asian nations, India in 2018 received FDI worth $42285.7 million, 6 per cent up from the previous year, while Nepal received $160.8 million, Sri Lanka received $1610.5 million and Maldives received $551.8 million.