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FDI from USA drops by 23.5pc in 2017

| Updated: May 07, 2018 10:03:16


Internet photo used for illustrative purpose only Internet photo used for illustrative purpose only

Net inflow of Foreign Direct Investment (FDI) from the United States of America (USA) to Bangladesh dropped by 23.50 per cent in 2017.

Latest statistics, released by Bangladesh Bank, showed that net inflow of FDI from the US declined to $166.66 million in the past year, which was $217.74 million in 2016.

Disinvestment, repayments of loans and losses of the current multination entities have been deducted from the gross inflow of FDI to calculate the net FDI.

Gross inflow of FDI from the US also declined by around 26 per cent to $181.49 million in the past year from $244.76 million in the year before.

Gas and petroleum sector received $95.23 million -- half of the US FDI in 2017

 

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