ZCZC
BSS-35
BIDA-FDI
FDI inflow increases by 68pc in 2018: BIDA
DHAKA, May 9, 2019 (BSS) – The net inflow of the Foreign Direct Investment (FDI) in Bangladesh rose by 68 percent in 2018 compared to the previous year 2017.
In 2018, Bangladesh received net $3.6 billion FDI while the gross FDI was $4.5 billion, said Bangladesh Investment Development Authority (BIDA) Executive Chairman Kazi M Aminul Islam at a press conference at its headquarters in the city today.
In 2017, the inflow of FDI was $2.1 billion.
Aminul Islam hoped that the inflow of FDI will reach two digits in 2021 as the government is providing all sorts of facilities to the investors.
The BIDA executive chairman informed that the highest amount of FDI came from China in 2018. He said the equity investment doubled in 2018 compared to the previous year.
Through the upward trend of FDI, Aminul Islam said, Bangladesh is moving forward to become a middle income country as per the declaration of Prime Minister Sheikh Hasina. Referring the figures of FDI in Bangladesh, he said, the inflow of FDI was $92 million in 1995 which crossed $1 billion in 2008.
Since 2011, he said, the inflow of FDI has been increasing gradually and it became $3.6 billion in 2018.
BSS/KUC/GA/1820 hrs