Foreign Investors Optimistic About Policy Continuity, Impressed by Govt Efforts

Foreign investors visiting the Bangladesh Special Economic Zone (BSEZ) in Araihazar, Narayanganj, expressed optimism about the country’s investment climate, commending the interim government’s efforts and hoping for continued policy support. The visit was part of the ongoing Bangladesh Investment Summit 2025, which began in Dhaka on Monday, showcasing the nation’s commitment to fostering economic growth, investment-friendly policies, and sustainable development.

Around 45 investors from China, Japan, Saudi Arabia, the UAE, the US, and non-resident Bangladeshis toured the BSEZ. Chief Adviser’s Deputy Press Secretary Abul Kalam Azad Majumder confirmed the visit, highlighting that this G2G (Government-to-Government) economic zone, developed with Japan’s technical assistance, is central to Bangladesh’s emerging market strategy.

Azad emphasized that investors were satisfied with the progress made and praised the interim government for its efforts to eliminate previous investment barriers, particularly through the establishment of a one-stop service center. The economic zone, covering 1,000 acres of land, has already attracted over $200 million in investments since its operation began in 2024. Currently, one factory, Singer Bangladesh Limited, is operational, while four others are under construction. Nine agreements and MoUs have been signed, including one with a Swedish company, and 20 more are under negotiation.

On Tuesday, the BSEZ authorities signed an MoU with Nilorn Bangladesh, a Swedish-owned company, which plans to expand its investment to produce garment accessories. The project is expected to create 100,000 jobs once fully operational.

The delegation toured the zone’s infrastructure and visited the Singer factory, where BSEZ Ltd Managing Director Taro Kawachi highlighted the model of modern industrial development. Singer’s factory, completed in just 20 months with a $78 million investment, now produces 50,000 refrigerators and 10,000 televisions monthly.

Additionally, Chief Adviser Prof. Muhammad Yunus announced plans to host breakfast meetings with Chinese and Korean investors to address their concerns and accelerate investments. During a meeting with 30 prominent Chinese investors, he emphasized Bangladesh’s growing investment potential across sectors such as infrastructure, power, renewable energy, textiles, IT services, and logistics.

With continued government support and streamlined investment processes, Bangladesh aims to strengthen its position as a key investment hub in Asia.