The government is working on setting up an economic zone in Bangladesh for member-states of the D-8 Organisation for Economic Cooperation, also known as Developing-8, aiming at boosting trade among the D-8 nations. Meanwhile, the Foreign Ministry and the Bangladesh Economic Zones Authority (Beza) have exchanged letters regarding the construction of the economic zone. "The
It all started in early 2008 when the Japanese government announced the “China Plus One Strategy” to cut its over-reliance on the manufacturing behemoth by setting up business operations in other countries.
Another 21 factories being set up in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsharai upazila of Chattogram are set to go into commercial production from September.
The higher outflow of foreign capital than inflow due to interest rate hike by the Federal Reserve Bank of America resulted in negative growth in equity capital investment in Bangladesh, which ultimately waned the country’s foreign exchange reserves