Net inflow of foreign direct investment (FDI) in the country’s power sector in the past calendar year reached over six times that of the previous year.
Statistics available with Bangladesh Bank showed that net inflow of FDI in the sector stood at US$1.01 billion ($1012.01 million), which was $163.51 million in 2017.
Some $834.13 million Chinese investment in the power sector caused such a big jump in its FDI influx.
FDI in the gas and petroleum sector, however, increased modestly during the period under review.
Central bank statistics showed that net inflow of FDI in the sector stood at $110.55 million last year, which was $96.86 million in 2017.
Gross inflow of FDI in the gas and petroleum sector was $116.33 million in the past year, while the figure for power was $1053.52 million.
