DHAKA, 30 November 2021, (TON): The two-day investment summit, which concluded, received investment proposals of $2.7 billion from domestic and international companies in different sectors.

Engineering Dimension, a Saudi industrial group, declared to invest $1.75 billion in making power generators and setting up cement manufacturing plant, said Md Sirazul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA) after the summit.

He said “Aygaz, a Turkish industrial group, announced it would invest $150 million along with local United Group.”

Besides, Karnaphuly Dry Dock signed a deal with Bangladesh Economic Zones Authority to invest $118 million in construction of a terminal in the Chattogram port, he said, adding that Barishal Electric Power Company announced investment of $100 million in producing electricity.

Guopo Renewable Energy Technology proposed to invest $50 million. Hangzhou JY Supply Chain announced plans for investment of $20 million and IT Hub Investments will invest $15 million, added Sirazul.

BIDA organised the event at Radisson Blu Water Garden Dhaka to promote Bangladesh as one of the world's most profitable investment destinations and highlight specific private investment opportunities here. More than 6,000 participants joined the summit, including 5,000 in person.

The BIDA chairman said “the participants represented 54 countries which indicates how the brand of Bangladesh is expanding globally.”