The devil really is in the detail
Bangladesh, Dec. 25 -- For Bangladesh to graduate to a middle income country investments somewhere in the region of $120 billion are required, especially in infrastructure. Compared to that the average annual investment stands at roughly $3.0 billion with $4.0 billion having come from Japan Tobacco's acquisition of Akiz' tobacco business in 2018. There is a credit squeeze internationally leading to a shyness in major investments by corporations. Time after time during visits abroad by the Prime Minister, President and others the message of Foreign Direct Investment has gone out not only to businesses but also expatriate Bangladeshis. The results haven't been encouraging. Part of it is due to mere exhortation no longer being adequate and par...
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