Of the total, foreign investors accounted for $550 million, while local investors proposed $450 million.
Around a fifth of the proposals have reached an advanced stage, which includes signed agreements, land lease approvals and allotment letters, said Nahian Rahman Rochi, head of business development at BIDA.
The figures indicate rising investor interest in Bangladesh's special economic zones (SEZs), he was cited as saying by domestic media reports.
As BIDA’s focus is not just on the volume, but also on the quality and sustainability of investments, if this momentum continues and facilitation becomes more streamlined, the next five months could yield even better outcomes, Rochi said.
The Bangladesh Economic Zones Authority (BEZA) said about three-fifths of the proposed investments are still in the exploratory stage, which includes feasibility studies and early project discussions. A fifth is undergoing detailed assessment before documentation.
ALCHEMPro News Desk (DS)
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