Finance Minister Amir Khasru Mahmud Chowdhury today said the government has undertaken a comprehensive action plan to increase Foreign Direct Investment (FDI) from the current level of 0.45 percent to 2.7 percent of GDP as part of its broader strategy to accelerate economic growth and transform Bangladesh into a leading global economy.
Placing the proposed national budget for FY2026-27 in the parliament, he said attracting higher levels of foreign investment is a key component of the government's economic agenda aimed at strengthening the country's industrial base, creating employment opportunities and enhancing export competitiveness.
He said the government has already introduced a series of reforms to improve the business climate, simplify regulations and provide faster and more transparent services to investors.
As part of these efforts, investment-related services are being streamlined and digitalized, while the BIDA One-Stop Service (BIDA-OSS) platform is being expanded to ensure quicker access to government approvals and services.
The finance minister said BanglaBiz has been launched as a unified digital platform to facilitate uninterrupted business approval services and provide investors with predictable, coordinated and transparent government support.
To attract more foreign investors, the government has also published an investment heat map identifying 19 promising sectors with strong investment potential.
Khasru said the initiative to increase FDI is aligned with the government's broader objective of elevating Bangladesh from its current position as the world's 26th largest economy in terms of Purchasing Power Parity (PPP) to among the top 20 economies within the next five years.
He said the government will support this goal through investments in digital connectivity, human capital development, energy security, infrastructure improvement and efficient port management, alongside policies to boost private-sector investment and industrialization.
The finance minister expressed optimism that the comprehensive reform agenda and investment-friendly policies would significantly enhance Bangladesh's attractiveness as a destination for foreign investment and contribute to sustained economic growth.