Foreign investment proposals rise by 809.75% in July-Sept: BIDA
Fully foreign and joint venture investment proposals with Bangladesh Investment Development Authority (BIDA) rose by 809.75%, Tk17,079.67 crore, during the July-September quarter in 2022 compared to the same period of the preceding year 2021.
According to the latest data of BIDA, the overall investment proposals with BIDA rose by a staggering 54.46% during the July-September quarter compared to the same period of the preceding year 2021.
During this July-September period, BIDA received some 223 investment proposals involving Tk31,610.34 crore, which was Tk20,463.92 crore during the same period at the previous fiscal.
BIDA received 198 proposals involving Tk14,530.67 crore from local investors during this July to September period while there were 09 fully foreign and 16 joint venture proposals of Tk17,079.67 crore.
The investment proposals from local and foreign entrepreneurs are expected to create 74,032 job opportunities in the country.