Bangladesh, July 28 -- Bangladesh possesses the basics but needs some radical reforms to raise annual foreign direct investment (FDI) inflows to US$15 billion, investors and economists say and show the must-dos to that end.

Advertisement In a joint study conducted by the Foreign Investors' Chamber of Commerce and Industry (FICCI) and Policy Exchange Bangladesh, it pointed out that Bangladesh's traditional growth model -- driven largely by a trio of ready-made garment industry, remittances and agriculture -- is facing mounting pressure from weak private investment, limited export diversification, persistent trade imbalances and inadequate job creation.

As such, netting FDI is "indispensable" for sustaining the country's next phase of e...