Dhaka, Sept. 13 -- American Chamber of Commerce in Bangladesh (AmCham) and the government have agreed to work jointly to facilitate an additional $5 billion in American direct investment into Bangladesh over the next five years.

The target was highlighted during AmCham's 30th Anniversary gala evening held at a hotel in the capital on Saturday, according to a press release.

Speaking at the event as chief guest, Commerce, Industries, and Textiles & Jute Minister Khandakar Abdul Muktadir reiterated the government's full support for AmCham's initiative to attract $5 billion in fresh US investment.

He emphasised that incoming investments should translate directly into employment generation, technology transfer, and expanded economic opportu...