Bangladesh Post Featured Image

Overall investment proposals with the Bangladesh Investment Development Authority (BIDA) rose by 137.38 percent (Taka 334.71 billion) during the July-September quarter compared to the previous quarter April to June this year.
During this July-September period, BIDA received some 380 investment proposals involving Taka 578.35 billion, which was Taka 243.64 billion during the April to June quarter, said a BIDA press release, reports BSS.
BIDA received 344 proposals involving Taka 309.48 billion from local investors during this July-September period while there were 17 fully foreign and 19 joint venture proposals of Taka 268.86 billion.
According to BIDA, the highest number of investment proposals came for the miscellaneous industry, which was 36.89 percent of the total proposed amount. Proposals for the agricultural industry were 16.24 percent.
Proposals for the service sector were 7.30 percent while textile sector 10.34 percent, chemical sector 23.70 percent, engineering sector 5.28 percent and food and allied sector 0.27 percent.
Investment proposals from local and foreign entrepreneurs are expected to create 6,242 job opportunities in the country.