Foreign investors back in big way: Muhith

Finance Minister AMA Muhith on Saturday said the foreign investors have come back in a big way to invest in Bangladesh after the January 5 election though the domestic investors are still reluctant.
“I’m very happy. They’re (foreign investors) coming. They’ve come back in a big way in about three months,” he said adding that the foreign investors had shied away without investing here in November and December last.
The Finance Minister said this while interacting with the leaders and members of the Economic Reporters’ Forum (ERF) at a pre-budget discussion at the Secretariat.
Muhith said it was not clear to him why the domestic investors are not taking the advantage though they are investing in Malaysia, Dubai, the UK and America for buying houses and other purposes.
He apparently disagreed with the media reports and others’ opinion that the country is experiencing lower investment due to political instability and lack of confidence among the investors, according to UNB.