Industry

BIDA registers 305 investment proposals during July-Sept period

A total of 305 investment proposals involving a total of Tk 50,251.0692 crore have been registered with the Bangladesh Investment Development Authority (BIDA) during July-September period this year.

The amount is up by Tk 10,017 crore compared to April-June period's Tk 40,233.94 crore this year. BIDA registered a total of 444 investment proposals during April-June period this year, said a BIDA media release today.

Of the 305 proposals, 269 are local, 15 foreign and 21 are joint venture ones.

BIDA received the highest (68.63 percent) investment proposal for engineering sector, followed by chemical sector (10 percent), textile sector (5.74 percent), print and publication sector (3.13 percent) and other sector (12.5 percent).

Source: Bangladesh Sangbad Sangstha (BSS)