Home RMG News Investment proposals rise 29 pc in Q2

Investment proposals rise 29 pc in Q2

Investment proposals both from local and foreign entrepreneurs surged by 29.0 percent during April-June quarter (Q2) of 2015, according to the latest data of the Board of Investment (BoI), reports BSS. During the three months, BoI received proposals for investing a total of Taka 33 thousand 79 crore 92 lakh from the local and the foreign entrepreneurs for investing in 403 industrial units, which in term of value was 29.0 percent higher than the proposed amount in the same period in 2014. The proposed amount was Taka 25 thousand 645 crore 24 lakh for 360 industrial units last year. From April to June this year BoI received proposals from overseas investors for investing a total of Taka one thousand 348 crore 58 lakh in some fully foreign owned and joint venture units with local entrepreneurs. The proposed amount was 28.85 percent higher over the last year’s figure for the same period. In April-June last year, BoI received investment proposal of Taka 1 thousand 46 crore 66 lakh. Like the foreign investors, local entrepreneurs also showed more enthusiasm during April-June this year, with proposing substantial amount from investment, which in term of value was 104.41 percent higher than the proposed amount of the same period last year.