The Bangladesh Investment Summit 2025 created promising opportunities for foreign investment, although officials have not yet released figures on the total investment commitments secured during the event.
Bangladesh Investment Development Authority (BIDA) Business Development Head Nahian Rahman Rochi was speaking at the InterContinental hotel at a press conference on Thursday.
He indicated that investments from investors who have signed the agreement may begin within 18-24 months. He also stated that details for these agreements would be addressed in the next press conference.
"We will announce the total number of investment proposals at our upcoming press conference. Normally, investors require 18 to 24 months to complete their investment process. We will maintain individual communication with each institution throughout this period," he said during the briefing on the final day of the summit.
He also added: "Foreign investment opportunities have been created through this year's conference, and we will accelerate investment by maintaining ongoing communication with investors in the coming days."
However, he highlighted two major achievements of the summit, a $150 million agreement signed with Chinese RMG company Handa and a $110 million investment received by ShopUp.
Nahian Rahman said: "Foreign investors seek an end to bureaucratic hurdles. To facilitate investment, we are simplifying administrative processes."
He also noted that investors have highlighted several challenges, including policy inconsistency, limited resource access, and corruption. "We acknowledge the bureaucratic complications, and we are actively working to eliminate them," he added.
Responding to a question, Nahian said: "Not only the NBR, but also government services are slow. We are taking steps for inter-ministerial coordination. The NBR's green channel is being created.”
He also stated: “We had 550 registrations here, out of which about 400-450 were foreign representatives. In some cases, two representatives have come. We will inform you about the complete investment and investor information later.”
BIDA Executive Member Shah Mohammad Mahboob and Deputy Press Secretary to the Chief Adviser Mohammad Abul Kalam Azad Majumder were also present.
