Unrest in Industrial Zones Raises Concerns for US Firms

Economic Tag: FDI, Govt.

American companies in Bangladesh have raised concerns over law and order, especially following unrest in industrial zones, alongside challenges in profit repatriation due to the ongoing dollar crisis and supply chain disruptions caused by port congestion. These concerns were discussed at a meeting between the American Chamber of Commerce in Bangladesh (AmCham) and a visiting US delegation. The discussion highlighted improvements in the business ecosystem after the interim government’s formation but noted lingering issues, particularly regarding law enforcement, unrest in industrial zones, and supply chain inefficiencies. Businesses are also facing delays in repatriating dividends due to the dollar shortage and emphasized the need for improved port management. Additionally, concerns were raised about government dues for energy purchases, the consumer goods sector, and the digital economy. AmCham indicated upcoming government reforms in the banking sector and anti-corruption measures.

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