Overall investment proposals with the Bangladesh Investment Development Authority (BIDA) rose by 6.92 percent (Taka 14.72 billion) during the January-March quarter in 2019 compared to the previous quarter October to December quarter of 2018. During this January to March period, BIDA received some 328 investment proposals involving Taka 227.47 billion, which was Taka 14.72 billion during the October to December quarter, said a BIDA press release, reports BSS.
BIDA received 285 proposals involving Taka 142.56 billion from local investors during this January to March period while there were 18 fully foreign and 25 joint venture proposals of Taka 84.91 billion. According to BIDA, the highest number of investment proposals came for the miscellaneous industry, which was 36.07 percent of the total proposed amount.
Proposals for the engineering industry were 17.71 percent. Proposals for the service sector were 17.13 percent while chemical sector 17.06 percent and textile sector 12.04 percent. The investment proposals from local and foreign entrepreneurs are expected to create 39,296 job opportunities in the country.