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FDI into Bangladesh to triple within couple of years: Top official

08 Dec '21
1 min read
Pic: Shutterstock
Pic: Shutterstock

Salman F Rahman, advisor to the Bangladesh prime minister on private industry and investment, recently said foreign direct investment (FDI) to the country would rise by two to three times within the next couple of years. He said this during a meeting with a delegation led by  Hartwig Schafer, vice president, South Asia region of the World Bank.

The meeting discussed issues, including expansion of trade and investment opportunities in Bangladesh and capital market development, according to a press release.

Schafer praised the inclusive growth achieved by Bangladesh in the last decade and drew Rahman’s attention to the lower gross domestic product-FDI ratio of Bangladesh.

Salman briefed the delegation about the steps undertaken by the government.

Fibre2Fashion News Desk (DS)

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