Bangladesh: FDI from Netherlands

Bangladesh: FDI from Netherlands
20 May 2016

Bangladesh’s cement sector attracted foreign direct investment (FDI) of US$31.3m in 2015, according to a Bangladesh Central Bank report. This figure is up 41.5 per cent from that of 2014. The report showed that last year around half of the FDI in the cement sector came from The Netherlands, with investments also coming from Germany, Hong Kong, Switzerland, among others.

According to a local research firm, the country’s cement production reached approximately 30Mt in 2015, against a demand of 20Mt.

Three multinational cement producers operate in Bangladesh (LafargeHolcim, Cemex and HeidelbergCement), but local producers such as Bashundhara, Shah and Seven Circle also have a strong presence in the market.

Published under Cement News