Wednesday, April 30, 2025
spot_img
spot_imgspot_img
HomeTechnical ArticlesBangladesh government may permit overseas investment proposals

Bangladesh government may permit overseas investment proposals

overseas-investmentBangladesh is now a hot spot for industrial development. According to the sources of Global Economist Forum (GEF), the Bangladesh government may permit overseas investment proposals to set up industries by recruiting 50 percent of skilled manpower from Bangladesh and safe return of the investment. Many stakeholders in the field of RMG and pharmaceuticals have the immense potential to invest the overseas investment for contributing more to boost country’s economy

Currently, Ethiopia is permitted for convenient access to USA and EU market as the country is availing ‘zero tariffs’ to enter such potential traditional markets. On the contrary, Bangladesh needs to pay 15 to 16 percent tariff to enter USA market which is hampering the RMG exports.

The government has to allow investment opportunity in apparel, leather, plastic, light engineering, ship building and IT sector to invest the black money under special scrutiny. Currently, USA and China are receiving highest FDI, simultaneously, they are investing huge money in overseas market which is helping to expand their business in the international market.

YOU MAY ALSO LIKE

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement - spot_img

Join Our Weekly Newsletter

spot_img

Upcoming Events

 

Simillar News

Recent Random

Pakistani Textile Delegation Visits Ananta Garments Ltd. to Explore Collaborative Opportunities

A high-profile textile delegation from Pakistan visited Ananta Garments Ltd., one of the leading factories under the Ananta Companies umbrella, earlier today. The delegation...

Bridging Academia and Industry: TEA’s Nationwide Industrial Visit Convention 2.3 Empowers Textile Students

In a strategic move to enhance the practical knowledge and career readiness of textile students across Bangladesh, the Textile Engineers Association (TEA) has successfully...

Urmi Group and Reverse Resources renew partnership to advance textile circularity

In a landmark move to accelerate sustainability in the textile sector, Urmi Group has renewed its strategic partnership with Reverse Resources (RR)—a global pioneer...