In the first quarter of 2024, the Bangladesh Investment Development Authority (Bida) received investment proposals totaling Tk 33,806.29 crore from both domestic and foreign sources. A total of 302 industries registered with Bida for this purpose, with 270 being local, 18 fully foreign-owned, and 14 having joint ownership.
The proposed investment is expected to generate significant employment opportunities, with Tk 17,636 crore coming from local investors, creating jobs for 218,131 people. The major sectors attracting investment include agriculture, garments, chemicals, engineering, and printing/publishing.
According to the proposals, Tk 4,027.4 crore will be invested in the agriculture industrial sector, Tk 3,765.33 crore in the garments industry, Tk 3,117.03 in chemical sector, Tk 2,342.90 crore for engineering sector and Tk 1,993.36 crore in printing and publishing industry.
Of the foreign investments, Tk 13,620.74 crore will be invested in the engineering industrial sector, Tk 1,645.8 crore in the services industry, Tk 413.67 crore in chemical industry, Tk 395.25 crore in the garment industry and Tk 48.77 crore in tannery and leather industries.
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