Published on 04:10 PM, September 21, 2023

Bangladesh needs to improve investment climate to attract FDI

Says commercial counselor of US embassy in Dhaka

American companies want to invest in five sectors, namely IT, education, healthcare, energy and infrastructure, said John Fay, commercial counselor of the US Embassy in Dhaka.

"Bangladesh needs to improve the investment climate to attract more US foreign direct investment in those areas."

He spoke at the monthly luncheon meeting of the American Chamber of Commerce in Bangladesh (AmCham) at the Westin Dhaka today.

Fay also highlighted challenges in the areas of cold chain, logistics, and transportation logistics.

AmCham President Syed Ershad Ahmed also spoke.