432 units registered with BoI in Jan-March 2014

A total of 432 factory units were listed with the Board of Investment (BoI) having proposed investment worth Tk 150.5 billion in the January-March period of 2014, a press release says.

According to the release, the proposed investment is 12.07 per cent higher than that in the previous quarter of October-December, 2013.

Of the proposed investments, 392 units were listed with the BoI which came from fully local sources having an amount of Tk 140.33 billion in investment.

Besides, 22 units were listed with hundred per cent foreign investment and 18 units were listed as joint ventures.

The press release showed that the proposed investment coming from local sources increased by 9.89 per cent, hundred per cent foreign and joint venture investment by 48.18 per cent during the October-December 2014 period compared to the same quarter in the previous year.

Among the proposals, 25.33 per cent were registered by the textiles sector, 19.94 per cent by the engineering sector, 18.53 per cent by the service sector, 18.42 per cent by the chemical industry sector, 1.82 per cent by agricultural and 16.5 per cent by the other sectors.