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BIDA Transforms $400M from $1.5B Pipeline into Active Investments

The Bangladesh Investment Development Authority (BIDA) has successfully converted over $400 million from a $1.5 billion investment pipeline into active projects, reflecting heightened investor confidence.

By Staff Correspondent
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BIDA converts over $400m investments from $1.5bn pipeline | Business
BSS

The Bangladesh Investment Development Authority (BIDA) has converted over US$400 million in investments from a $1.5 billion pipeline into active projects. This pipeline, launched in 2025, consisted of 70 potential investors from 20 countries, including Turkey, China, Singapore, the Netherlands, and South Korea. BIDA's conversion rate of more than 15 percent surpasses global benchmarks for moving investment leads into execution.

One of the largest investments is from Hong Kong-based Handa Industries Ltd., which doubled its planned investment to $300 million after receiving facilitation from BIDA, the Bangladesh Economic Zones Authority (BEZA), and the Bangladesh Export Processing Zones Authority (BEPZA). The project is expected to create around 25,000 jobs and includes an $80 million garment factory and a $220 million integrated textile complex.

China's Hengli Group is investing $35 million in an advanced textile manufacturing facility, while China Lesso Group has finalized a $32 million investment in a heavy manufacturing plant. Additionally, Sri Lanka's Softlogic Life Insurance acquired a 60 percent stake in Diamond Life Insurance, and Malaysia's MR.DIY expanded its presence in Bangladesh.

These investments are contributing to technology transfer, strengthening domestic supply chains, and reducing import dependence in key industries. BIDA aims to build another $1.5 billion investment pipeline by the end of 2026, highlighting its commitment to attracting foreign investment and fostering economic growth in Bangladesh.

Source: BSS

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