Investment proposals rise by 36 pc during Oct-Dec of 2016
BSS
Investment proposals both from local and foreign entrepreneurs surged by 36.85 per cent during October-December quarter of 2016, according to the latest data of the Bangladesh Investment Development Authority (BIDA), reports BSS.
During the three months, BIDA received proposals for investing a total of Tk 68 thousand 767 crore 61 lakh from the local and the foreign entrepreneurs for investing in 487 industrial units, which in term of value was Tk 18 thousand 516 crore 54 lakh higher than the proposed amount in the previous July-September period in 2016.
In July-September period, BIDA received proposals for investing a total of Tk 50 thousand 251 crore 06 lakh from the local and the foreign entrepreneurs for investing in 305 industrial units.
From October to December in 2016, BIDA received proposals from overseas investors for investing a total of Tk 45 thousand 723 crore 47 lakh in some fully foreign owned and joint venture units with local entrepreneurs. The proposed amount was 48.74 per cent higher over the previous quarters figure for the July to September period. In July-September in 2016, BIDA received investment proposal of Tk 30 thousand 740 crore 89 lakh.
