Bangladesh needs to ramp up its efforts in elevating competitiveness in attracting foreign direct investment and private investment, experts said yesterday.
Experts: Policy consistency a must to attract new FDI dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.
Business leaders yesterday urged the country’s apex trade body to initiate a dialogue with the political parties to defuse the current instability and violence that is aggravating the health of the already fragile economy.
Actual investments at six government-owned economic zones have remained at a far lower level compared to the proposals put forward by both foreign and local investors owing largely to inadequate facilities, official figures showed.
Nearly 70 percent of businesses in Bangladesh have been impacted due to price increases of raw materials and weak consumers demand, which are primarily attributed to the ongoing Russia-Ukraine war.