The net FDI has declined even further in these four months, dropping by 50.16 percent to $153 million. The total amount of foreign direct investment that comes in various sectors, after the investor takes the profit money to the country, the remaining amount is called net FDI. "It's not just Bangladesh, most other countries are facing a crisis of foreign investment during the pandemic. It will take time to overcome this situation.”Syed Ershad Ahmed, president of the American Chamber of Commerce in Bangladesh (AmCham), said the state of FDI in Bangladesh was "never satisfactory". Various initiatives have been taken by the government to increase foreign investment, including the establishment of special economic zones.

Source: bd News24 December 06, 2020 06:56 UTC