Bangladesh Investment Development Authority (BIDA) and Bangladesh Economic Zones Authority (BEZA) Executive Chairman Chowdhury Ashiq Mahmud Bin Harun announced that the recently concluded Bangladesh investment summit yielded preliminary investment proposals amounting to Tk 3,100 crore.
He shared the information during a press briefing held on Sunday (April 13) at the Foreign Service Academy on Bailey Road in Dhaka.
Highlighting that more investment proposals are in the pipeline, Ashiq Chowdhury said: The summit cost approximately Tk 5 crore. Of this, the government spent Tk 1.45 crore, while the remaining Tk 3.5 crore was covered by our partners. So far, investment announcements totaling Tk 3,100 crore have been made.
He added, “Foreign delegates were highly impressed after witnessing Bangladesh’s investment potential and the resilience of its people firsthand. BIDA is not overly focused on immediate results from the summit; rather, the key objective was to showcase Bangladesh’s potential to international investors.”
“The summit should not be evaluated based on expenditure alone,” he noted. “The credit for all investments doesn’t go solely to the summit—many were the result of ongoing discussions that began beforehand. It’s not realistic to expect investment declarations immediately upon arrival at the summit. So we shouldn’t interpret all outcomes as direct results of the event,” he said.
The BIDA Executive Chairman also mentioned the signing of memorandums of understanding (MoUs) with six companies during the event. Discussions with participating investors will continue, he confirmed.
This year’s summit saw a significant increase in foreign participation, he noted, stating, “Alongside Bangladeshi investors, 415 foreign delegates from 50 countries attended the event. Foreign investors made up 58% of the total participants.”
Officials from the Chief Adviser’s Press Wing were also present at the briefing.