The foreign investment (promotion & protection) Act, 1980 guarantees protection to foreign investment against nationalization and also guarantees equitable treatment. Bangladesh is a signatory of Multilateral Investment Guarantee Agency (MIGA) of the World Bank group, Overseas Private Investment Corporation (OPIC) and International Center for Settlement of Investment Disputes (ISCID) and therefore, also guarantees investors protection.The Bangladesh Government welcomes foreign direct investment and foreign participation in joint venture with the approval of the government. All industries except six sectors viz. Arms and ammunitions, Atomic energy, Air transport, Telecommunication, electricity and Forest extraction are open for investment. The private sector, barring the above mentioned sectors, can invest in all sectors with out any ceiling.
Priority Sectors:
- Export-oriented Garment industry
- Finished Leather goods
- Electronic equipment
- Chemicals and petro-chemicals
- Agro-based industry
- Green jute pulp
- Paper
- Cement
- Rayon
- Frozen food
- Tourism
- Light industry
- Computer software and
- Data processing