The nation’s economy has rebounded positively across all major indicators, such as exports, foreign investment, and foreign exchange reserves, according to Chief Adviser Prof Muhammad Yunus. In a recent televised address to the nation, Yunus highlighted the significant challenge of steering the economy back on track following a period of turmoil. He expressed satisfaction with the progress made over the past 15 months in overcoming this challenge.
Yunus emphasized the successful recovery of the previously distressed banking sector and the restoration of public trust in it. He mentioned ongoing efforts to further fortify the sector through various initiatives. Despite a global decline in foreign investment post-uprising, Bangladesh experienced a notable 19.13 percent increase in foreign direct investment (FDI) during the initial year after the mass unrest, setting a positive economic precedent against the global norm.
Furthermore, Yunus disclosed that an upcoming 30-year concession agreement is set to be signed for the Laldia Container Terminal project with APM Terminals BV, a subsidiary of the Denmark-based Maersk Group. The agreement entails a substantial investment of $550 million by the European company, marking the largest single European investment in Bangladesh to date. He emphasized that Laldia will be the nation’s first state-of-the-art green port, showcasing Bangladesh’s progress in attracting significant foreign investments.