Investment proposals show 4.35pc fall in last fiscal
Reported by: UNB Connect
Reported on: Aug 05, 2012 05:09 pm
Reported in: Business
Dhaka, Aug 5 (UNB) – The country witnessed a 4.35 percent fall in the registration of investment proposals during the last fiscal compared to that of the previous fiscal (2010-11), according to the Board of Investment (BoI).The BoI data showed that the domestic investment registration fell by 3.42 percent while registration of joint or cent percent foreign investment proposals dropped by 5.77 percent during the same period. The total amount of proposed local investment for the 1,735 registered projects stood at Tk 53,477 crore while the joint and cent percent foreign investment proposed for the registered 220 projects totaled Tk 34,416 crore in the last fiscal year.The BoI figures also showed that the volume of total proposed investments – domestic, joint and foreign – in the 1,955 registered projects was Tk 87,893 crore in the previous fiscal.Meanwhile, the proposed projects were supposed to create employment for 451,114 people during the last fiscal (2011-12). The total investment – domestic, joint and foreign – in the proposed 1,982 projects was Tk 91,893 crore in fiscal 2010-2011.
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