Bangladesh is expected to experience a surge in foreign investment as Chinese businesses plan to relocate to avoid high export tariffs from the United States under the incoming Trump administration next January.
But the recent political unrest in Bangladesh has caused foreign investors, particularly Chinese, to hesitate on expansion plans, said OCAB President Calvin Nyan. The deteriorating business climate, compounded by complex export-import procedures and law-and-order challenges, has hindered investment potential.
Nyan urged the government to simplify trade processes and enhance BIDA’s role in addressing investor concerns. He also highlighted that many Chinese businesses plan to relocate production to Bangladesh to avoid potential high US tariffs on Chinese exports, likely boosting foreign investment. However, a stable business environment and streamlined policies are essential to attract and retain investors.
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