DHAKA: Bangladesh experienced the inflow of net foreign direct investment (FDI) 3.16 billion dollars in 2018 which is 68 percent more than the previous year. 

Foreign Direct Investment amount was 2.1 billion dollars in 2017.

The Bangladesh Investment Development Authority (BIDA), in its last report published on Thursday (May 9) revealed this information.

According to the report, gross foreign direct investment in the country was 4.5 billion dollars in 2018.

During this period, China has emerged as the largest investor country through investing $ 1.30 billion. Of those, 834 billion dollars has been invested in electricity sector. China has invested $ 1.1 billion in non bank financial institutions and financial sectors, 40 million in textile sector, $15 million in business sector and $ 18 million in other sectors.

The report said that the Netherlands has invested $ 626 million. Of those, it invested $ 6.8 billion in food, the United Kingdom has invested $ 371 million, the United States has 174 billion, Singapore 171 million, Hong Kong 170 billion, India has 121 million, and Norway has invested 108 billion dollars.

The inflow of FDI was $92 million in 1995 which crossed $1 billion in 2008. Since 2011, the inflow of FDI has been increasing gradually and it became $3.6 billion in 2018.

BDST: 1834 HRS, MAY 9, 2019
RS/SMS