Three international companies have expressed their interest in expanding investment in Bangladesh. These include Spain-based retail giant Inditex, cement manufacturer LafargeHolcim, and Chinese apparel company Handa Industries.
Ashiq Chowdhury, Executive Chairman of the Bangladesh Investment Development Authority (BIDA), revealed this information at a press conference on Wednesday (April 9th), the third day of the ongoing four-day 'Bangladesh Investment Summit-2025' in Dhaka.
He also mentioned that the Chinese Minister of Commerce is planning to visit Bangladesh next month with approximately 200 potential investors, which is expected to positively impact the country's investment prospects.
More than 550 investors and company representatives from 50 countries around the world participated in the BIDA-organized summit, which began on Monday (April 7th). Today, Thursday (April 10th), is the final day of the conference.
At the press conference, Ashiq Chowdhury stated that Handa Industries intends to invest a total of $150 million in Bangladesh. This includes a $100 million investment in the textile and dyeing sector within economic zones and a $50 million investment in the garment industry in export processing zones. To this end, a Memorandum of Understanding (MoU) was signed today between BIDA and Handa (Dhaka) Textile Company.
Additionally, high-ranking officials from Inditex and Holcim Group met with Principal Advisor Professor Muhammad Yunus. During the meeting, Inditex stated that they consider Bangladesh an important product supplier and intend to further increase imports from the country. On the other hand, Holcim Group expressed their plans to increase investment in Bangladesh and launch a carbon capture project.
The BIDA Chairman further informed that Sultan Ahmed bin Sulayem, Chairman of Dubai-based port and logistics company DP World, also held a meeting with the Principal Advisor and expressed interest in investing in the New Mooring Container Terminal in Chattogram.
