FDI into Bangladesh declines by 4.74% in H1 2021
02 Nov 21 1 min read
The net inflow of foreign direct investment (FDI) into Bangladesh declined modestly by around 4.74 per cent in the first half (H1) of this year, according to statistics released by Bangladesh Bank that showed that the net inflow of FDI stood at $1.13 billion in the January-June period while it was $1.18 billion in the same period last year.
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The gross inflow of the FDI also declined by 1.94 per cent during the same period to $1.51 billion from $1.55 billion in the same period of 2020.
The decline is against the global trend of rising FDI in the first half of this year, according to Bangla media reports.
Global FDI flows in the first half of 2021 reached an estimated $852 billion, showing stronger than expected rebound momentum, according to UNCTAD’s Investment Trends Monitor released in the last week.
Bangladesh Bank statistics showed the net inflow of FDI in the last fiscal increased by 5.77 per cent over its previous one.
Fibre2Fashion News Desk (DS)
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