Media Release

BIDA partnering with industry experts to build FDI Heatmap for Bangladesh

Nov 18, 2024

The Bangladesh Investment Development Authority (BIDA), the apex investment promotion agency of the Government of Bangladesh, is developing a Foreign Direct Investment (FDI) Heatmap in collaboration with leading global and local institutions, private sector experts, and research entities.

BIDA has recently engaged key stakeholders to contribute insights and analysis for mapping critical sectors and sub-segments where Bangladesh holds a competitive edge and significant growth potential. The initiative will also identify priority countries, regions, and anchor investors to support strategic investment promotion.

“Investment promotion in Bangladesh has historically been reactive. The FDI Heatmap signals a shift toward data-driven, strategic engagement and exemplifies public-private collaboration. BIDA will also regularly update the FDI Heatmap through consultations with key experts and stakeholders, especially from existing and potential FDI source countries.” said Ashik Chowdhury, Executive Chairman of BIDA.

The project led by Nahian Rahman Rochi, the incoming head of BIDA’s new Business Development team, is expected to deliver actionable insights by the end of November.

BIDA’s partners in this endeavor include the Foreign Investors’ Chamber of Commerce and Industry (FICCI), Dhaka Chamber of Commerce and Industry (DCCI), Hongkong and Shanghai Banking Corporation Limited (HSBC), Standard Chartered Bank (SCB), IDLC, International Finance Corporation (IFC), PricewaterhouseCoopers (PwC), Boston Consulting Group (BCG), Ernst & Young (E&Y), LightCastle Partners, Inspira Advisory and Consulting, Japan External Trade Organization (JETRO), Japan International Cooperation Agency (JICA), and Korea Trade-Investment Promotion Agency (KOTRA), among other esteemed organizations.