Bangladesh : Encourage FDI in garment - High Comm Choudhury

Garment sector is facing serious trouble in attracting bulky investments from foreign enterprises.
British High Commissioner Anwar Choudhury explained at the Foreign Investors' Chambers of Commerce and Industry (Ficci) Meet in Dhaka that uncertainty in decisions and wavering policies are confusing the foreign investors.
“Investors are now unclear about the future, they lose patience and go elsewhere or stay adding up costs, which will eventually have to be recovered,” he said.
UK is one of the largest supporters with US $4 billion worth of investments with further $2 billion in the pipeline.
Mr Choudhury stressed that Bangladesh offered great opportunities and UK companies should visit and recognize the country’s potential.
Meanwhile, Ficci President Masih Ul Karim urged the caretaker government to aggressively try and build confidence among the business community and ensure investment-friendly environment in the country.