Bangladesh is very good at making cotton clothes but non-cotton products could be bolstered by foreign investment
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.
It all started in early 2008 when the Japanese government announced the “China Plus One Strategy” to cut its over-reliance on the manufacturing behemoth by setting up business operations in other countries.
As geopolitical tensions rise, companies and policymakers are increasingly looking at strategies to make supply chains more resilient by moving production home or to trusted countries.
Prime Minister Sheikh Hasina today urged the Japanese businessmen to make larger investment in Bangladesh.
Unusual investment decisions made by the state-run Investment Corporation of Bangladesh (ICB) could inflict a loss of Tk 438 crore on taxpayers as the funds have either turned into default loans or remained largely unrealised, according to an audit report.
FDIs have two competing interests: economic development for host states and profit maximisation for foreign investors. It is the lure
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).