BIDA to prepare country-wise database to attract FDI

The Bangladesh Investment Development Authority is going to prepare a countrywise trade and business database to attract foreign direct investment into the country.

In a circular issued on February 25, BIDA officers were charged with additional duties to prepare a database for 41 countries from Europe, North America, South America, Asia and Africa.

The authority instructed its officers to prepare a country-wise database, including complete summaries on the respective country and potential sectors there for investment.

According to the circular, designated offices would disseminate the necessary information on these countries at the respective desks during various investment road shows and seminars.

These officers will also develop an active network among the bilateral chambers and missions of the countries at home and abroad.

The countries concerned are the US, the UK, Netherlands, Hong Kong, Taiwan, China, Singapore, Norway, South Korea, India, Malaysia, Sri Lanka, Mauritius, Canada, the United Arab Emirates, France, Germany, Japan, Saudi Arabia, Denmark, Australia, Luxembourg, Thailand, Finland, Russia, Turkey, Kuwait, Pakistan, Sweden, Qatar, Brunei, Myanmar, Cambodia, Vietnam, Brazil, Austria, Nepal, Bhutan, the Maldives, Spain and Belarus. (Source: New Age)