Some 254 industries registered with BIDA during April-June period

Some 254 industries were registered with the Bangladesh Investment Development Authority (BIDA) during the April-June period of 2024 with an overall investment proposals of Tk 7,73,641.18 million aiming to create some 47,105 employment opportunities.

Of the registered 254 industries during this three-month tenure, there were investment proposals to some 220 local industries, cent percent foreign investment proposals to some 19 industries while joint investment proposals in some 15 industries, reports BSS.

Analyzing the data from the BIDA, it was found that among the local investment proposals worth around Tk 7,47,157.55 million for this three-month period the highest amount of Tk 5,73,135.56 million were proposed against the services sector followed by Tk 66,296.72 million to the chemical industry sector, Tk 38,071.28 million to the engineering industry sector, Tk 27,453.84 million to the RMG sector, Tk 17,104.47 million to the printing and publication sector.

These investment proposals are likely to create employment opportunities for some 41,001 people.

On the other hand, out of the total foreign investment proposals of Tk 26,483.63 million, the highest Tk 14,487.96 million were proposed against the chemical industry sector followed by Tk 3,736.33 million to the RMG sector, Tk 3,272.13 million to the agricultural industry sector, Tk 2,519.03 million to the engineering industry sector, Tk 865.32 million to the tannery and leather sector and thus expecting to create employment opportunities for some 6,104 people.