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FDI In Bangladesh Declines By 8.8% In FY24 - BIZDATA INSIGHTS

FDI in Bangladesh Declines by 8.8% in FY24

Economic Tag: FDI

Bangladesh’s net foreign direct investment (FDI) fell by 8.8% in FY24, decreasing from $1.61 billion to $1.47 billion due to repatriation issues, economic volatility, and the impact of the upcoming elections. The FDI from the USA dropped significantly by $2.92 billion, largely due to the sale of Coca-Cola’s factory. A considerable portion of the FDI consisted of reinvested earnings, as investors faced challenges in repatriating profits. The textile sector received the highest investment at $436 million, followed by banking at $230 million. Business leaders are anticipating discussions with government officials to enhance the investment climate in Bangladesh.

Source for more details:

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