Foreign firms show interest to invest $1.16 bn in Bangladesh

05 Nov '21

1 min read

Pic: Moreno Soppelsa|Dreamstime.com

Foreign companies that took part in the Bangladesh Trade and Investment Summit 2021 have expressed interest to invest $1.16 billion in the country, particularly in the infrastructure sector, the Dhaka Chamber of Commerce and Industry (DCCI) and the commerce ministry, which jointly organised the event, claimed. The week-long event concluded on October 31.

The event attracted 552 business professionals, investors and top executives from 37 countries.

Twenty companies from 13 countries showed interest to form joint ventures, and 26 products were identified as having export potential, said DCCI president Rizwan Rahman.

Five countries are keen to make direct investment in a number of sectors like infrastructure, pharmaceuticals, agro and food processing, and information technology, according to Bangla media reports.

Power, energy, renewable energy, dairy products, fast-moving consumer goods, readymade garments, leather, automobile and jute are among the sectors that can draw foreign investment, said Rahman.

Fibre2Fashion News Desk (DS)

More Dhaka Chamber of Commerce & Industry News... More Apparel/Garments News - Bangladesh...