EastBengalPro
FULL MEMBER
- Joined
- Jun 3, 2014
- Messages
- 690
- Reaction score
- 0
- Country
- Location
Bangladesh was the fourth largest Foreign Direct Investment (FDI) host among the Least Developed Countries (LDCs) in the past year.
The latest global investment trends monitor report, released by the United Nations Conference on Trade and Development (UNCTAD), unveiled the information.
It showed the inflow of FDI to Bangladesh stood at $2.3 billion in 2016, a record amount, posting 4 per cent growth over the previous year’s amount.
But the overall FDI to the LDCs declined in the past year, mainly due to declines of FDI in natural-resource-based LDCs.
Total flows of FDI to the 48 least developed countries dropped by 13 per cent to $38 billion in the past year from $44 billion in 2015.
“FDI to commodity-rich LDCs in Africa, notably Angola, Mozambique and Zambia, continued to decline, and flows to Asian LDCs slowed after a record year in 2015,” said the UNCTAD report.
“Higher manufacturing and infrastructure FDI in selected LDCs – Ethiopia, Bangladesh and Cambodia – was not enough to offset lower foreign investment in leading commodity rich LDCs and Asian LDCs,” the report added.
http://www.thefinancialexpress-bd.com/2017/05/29/72010/Bangladesh-4th-largest-FDI-host-among-LDCs
The latest global investment trends monitor report, released by the United Nations Conference on Trade and Development (UNCTAD), unveiled the information.
It showed the inflow of FDI to Bangladesh stood at $2.3 billion in 2016, a record amount, posting 4 per cent growth over the previous year’s amount.
But the overall FDI to the LDCs declined in the past year, mainly due to declines of FDI in natural-resource-based LDCs.
Total flows of FDI to the 48 least developed countries dropped by 13 per cent to $38 billion in the past year from $44 billion in 2015.
“FDI to commodity-rich LDCs in Africa, notably Angola, Mozambique and Zambia, continued to decline, and flows to Asian LDCs slowed after a record year in 2015,” said the UNCTAD report.
“Higher manufacturing and infrastructure FDI in selected LDCs – Ethiopia, Bangladesh and Cambodia – was not enough to offset lower foreign investment in leading commodity rich LDCs and Asian LDCs,” the report added.
http://www.thefinancialexpress-bd.com/2017/05/29/72010/Bangladesh-4th-largest-FDI-host-among-LDCs
