BIDA chief: Investment summit spurs FDI prospects, economic zone licences cancelled
BY Insider Desk
April 14, 2025

According to Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of the Bangladesh Investment Development Authority (BIDA) and Bangladesh Economic Zones Authority (BEZA), the recently concluded Bangladesh Investment Summit 2025 has opened significant avenues for foreign and domestic investment.
Speaking at a press conference at the Foreign Service Academy in Dhaka on Sunday, Chowdhury said the summit had generated initial investment proposals worth Tk 31 billion, with several more under consideration.
However, he noted that the true impact of the summit would become clear over time.
He highlighted that 415 foreign delegates representing 50 countries participated in the summit. BEZA, he said, would maintain follow-up communication with potential investors to move proposals through the pipeline.
Chowdhury expressed hope that future administrations would continue to organize similar events to attract long-term investment.
In a separate development, he announced the cancellation of licenses for 10 economic zones, citing redundancy. “There is no need for 100 economic zones. We believe these 10 zones are unnecessary,” he said, reaffirming a position he had previously stated.
Tags:
Most Read

Electronic Health Records: Journey towards health 2.0

Making an investment-friendly Bangladesh

Understanding the model for success for economic zones

Bangladesh facing a strategic test

Bangladesh’s case for metallurgical expansion

How a quiet sector moves nations

A raw material heaven missing the export train

Automation can transform Bangladesh’s health sector

A call for a new age of AI and computing
You May Also Like