India, Sept. 28 -- VEON Ltd. (VEON), a global digital operator, said it will invest $250 million in Bangladesh as part of its Invest in Bangladesh NOW! initiative, launched earlier this year, which aims to mobilize $1 billion in foreign direct investment into the country's digital economy.

The company announced the investment at an investor symposium in New York hosted with its Bangladesh subsidiary Banglalink. The initiative is structured as a proposed public-private partnership with the Government of Bangladesh.

The company said the symposium brought together global investors, development finance institutions and Bangladeshi government officials to discuss investment opportunities in the country's digital economy.

The event also highli...