Actual inflows of Foreign Direct Investment (FDI) in 2011 reached the highest ever level in the history of Bangladesh at US$1136.38 million according to a report of Bangladesh Bank published recently. The amount is 24.42% higher than US$913.32 million recorded in 2010. The FDI inflow mostly comprises fresh equity amounting to US$431.85 million, while US$489.63 million came from reinvested earnings.
The major sectors that attracted FDI include textile at US$272.04 million, banking at US$249.37 million, power, gas and petroleum at US$238.21 million, telecommunications at US$180.99 million, and in cement at US$51.65 million.
The countries that have invested substantially in Bangladesh in 2011 includes US$152.30 million from Egypt, US$117.74 million from USA, US$116.75 million from Netherlands, US$116.32 million from UK, US$113.06 million from South Korea, US$104.84 million from Hong Kong, US$ 70.54 million from Pakistan, US$46.55 million from Japan, US$31.58 million from Sri Lanka, US$25.74 million from India, and US$24.26 million from Norway. [Source: Board of Investment]
Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University