FDI inflow down 4.5pc

The World Investment Report 2015 of the United Nations Conference on Trade and Development (UNCTAD) said on Wednesday that foreign direct investment (FDI) in Bangladesh went down by more than 4.5 per cent last year. According to the report launched globally in 41 locations on June 24, the FDI inflow into Bangladesh amounted to $1.526 billion in 2014. The figure is an over 4.7pc decrease compared to the 2013 amount of $1.599b, the UNCTAD’s World Investment Report said. However, the report found that developing countries increased their global share of FDI inflows to a record level of 54pc, and developing Asia attracted more inward FDI than either the EU or the United States. As investors, developing and transition countries have been steadily increasing their investments abroad and last year they accounted for a record 39pc of global FDI outflows – up from just 12pc in the early 2000s. The report also outlined a Strategic Framework for Private Investment in the SDGs that addresses a number of challenges facing private investment in developing countries, according to a news agency.