Bangladesh

Bangladesh Seeks To Raise FDI To $7B By 2015

By Kejal Vyas

Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)–The government of Bangladesh aims to boost foreign direct investment into the country to $7 billion by 2015, Prime Minister Sheikh Hasina said Thursday.

The country has also set aside $350 million for three public-private partnership programs in an effort to draw foreign money, Hasina said at an address in front of a small group of investors in New York.

It’s an ambitious target for a country which is one of the world’s poorest and whose name often invokes images of severe natural disasters, military coups and political corruption.

Continue reading…