Bangladesh seeks FDI to unlock blue economy potential
, June 29 -- Executive Chairman of Bangladesh Investment Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun on Monday said Bangladesh is prioritising foreign direct investment (FDI) and joint ventures to tap its massive, unutilised deep-sea marine resources centring on the Matarbari strategic business hub.
He made the remarks while addressing a seminar titled "Investment Potential in Fisheries and Marine Economy in Bangladesh" organised by the Moheshkhali Integrated Development Authority (MIDA) in cooperation with the Japan International Cooperation Agency (JICA) at a city hotel.
Due to a lack of industrial capacity, hundreds of kilometres in the country's deep-sea areas remain out of economic activity. In the absence of Bang...
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