Lightning strikes on foreign investment

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3 years ago

Lightning strikes on foreign investment

Last year, foreign direct investment (FDI) in Bangladesh was less than half of the previous year.

This image before the outbreak of the coronavirus is seen as a thunder signal for the future after the epidemic.

The United Nations trade and investment body UNCTAD on Tuesday released the World Investment Report-2020.

It shows that in 2019, FDI in Bangladesh came to 159 crore 70 lakh (1.59 billion) dollars.

This figure is the lowest in the last 5 years. In the previous year, in 2016, the foreign investment was 361 crore 30 lakh (3.61 billion) dollars.

In 2016, Bangladesh received the most investment in a single year. The Japanese company Japan Tobacco has invested a large amount in this. They invested about 1.5 billion to buy the Akij Group's tobacco business.

Even when this tragic picture of foreign investment has been calculated, the coronavirus epidemic has not appeared in the world.

FDI will further decline in 2020 and its impact on the global economy, which has now been devastated by the Kovid-19 epidemic.

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