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Bangladesh's investment up 127% in July

Investments in Bangladesh increased 127 percent to 57.26 billion taka (about 818 million U.S. dollars) in July from 25.21 billion taka (About 360 million U.S. dollars) a month ago.

According to the Board of Investment (BoI), the local investment grew 122 percent, while the joint and foreign investment grew 176 percent in July.

As many as 153 industries, including 143 local, 6 joint venture and 4 100-percent foreign-owned industrial units were registered with the state-run BoI in July.

Of the total proposed 57.26 billion taka investment, 49.81 billion taka (about 712 million U.S. dollars) will come from local investment, while the rest will come from joint and 100-percent foreign direct investment (FDI).

Nearly 30,000 jobs are proposed to be created in the industrial units registered in July.

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