The four-day investment summit has helped create a foreign investment pipeline for Bangladesh, says Nahian Rahman Rochi, head of Business Development of the Bangladesh Investment Development Authority (BIDA).
At a press conference on the concluding day of the summit, he said they would maintain a cointinous contact with the potential investors who have already promised to invest here.
‘”The BIDA will monitor progress and maintain regular communication to ensure the proposed investments materialize, “ he said.
“Investors typically take 18 to 24 months to follow through. We’ll keep in touch with each institution individually,” he added.
The conference attracted strong international interest, with around 550 registrations—400 to 450 of them foreign representatives, Rochi told reporters.
“In some cases, multiple representatives attended from a single entity. We’ll release full investment details soon,” he noted.
He confirmed a $150 million deal had been signed with Chinese apparel manufacturer Handa, while local startup ShopUp secured $110 million in funding.
Rochi acknowledged that investors had flagged issues including policy uncertainty, resource access, and corruption. “Yes, we face bureaucratic challenges. We’re working to streamline processes,” he said, adding that inter-ministerial coordination is underway, and the National Board of Revenue (NBR) is developing a green channel to facilitate investment.
Also present at the briefing were BIDA Executive Member Shah Mohammad Mahboob and Mohammad Abul Kalam Azad Majumder, Deputy Press Secretary to the Chief Adviser.