DHAKA, Aug 6, 2020 (BSS) – Fully foreign and joint venture investment
proposals with Bangladesh Investment Development Authority (BIDA) rose
by 537.51 percent (Taka 41,502.954 million) during the April-June
quarter compared to the same period of the preceding year 2019.
According to the latest data of BIDA, the authority received some 46
overall investment proposals involving Taka 56,835.811 million during
the three months of the year.
Out of the 46 investment proposals, BIDA received 38 proposals
involving Taka 15,332.857 million from local investors during this
April to June period while there were 5 fully foreign and 3 joint
venture proposals of Taka 41,502.954 million.
According to BIDA, the highest number of investment proposals came for
the miscellaneous industry, which was 77.23 percent of the total
proposed amount. Proposals for the agricultural industry were 6.89
percent.
Proposals for the service sector were 5.96 percent while food and
allied sector 5.72 percent, textile sector 3.97 percent, engineering
sector 0.15 percent and printing and publishing sector 0.07 percent.
The investment proposals from local and foreign entrepreneurs are
expected to create 5,721 job opportunities in the country.