Investment Summit yields initial investment proposals worth Tk 31 billion

The ‘Bangladesh Investment Summit 2025’ has created immense potential to bring Foreign Direct Investment (FDI) side by side with local investment.

Chowdhury Ashik Mahmud Bin Harun, executive chairman of Bangladesh Investment Development Authority (BIDA) and Bangladesh Economic Zones Authority (BEZA), came up with the statement at a press conference at the Foreign Service Academy in the capital's Bailey Road area on Sunday.

“Time will tell whether the Investment Summit has been successful. The summit has yielded initial investment proposals worth Tk 31 billion.  Several additional investment proposals are currently in the pipeline,” he said.

The BIDA chief highlighted the success of the Investment Summit, noting that 415 foreign delegates from 50 countries attended the event.

He further, said BEZA will maintain follow-up communications with the attendees to ensure progress along the investment pipeline. He hoped that similar investment events would be organised by future governments as well.

Ashik Chowdhury, however, said the government has cancelled the licenses of 10 economic zones. “I have already said earlier that there is no need for 100 economic zones. Today, the licenses of 10 economic zones have been cancelled. We think that these are not needed," he added.