Chief Adviser Professor Muhammad Yunus on Thursday stated that all key economic indicators, including exports, foreign investment, and foreign reserves, have returned to a positive trajectory following the July Uprising.
“After assuming office in the aftermath of the uprising, rescuing the economy from a deep crisis was one of our greatest challenges. Over the past 15 months, we have successfully overcome that challenge,” he said in a televised address to the nation this afternoon.
The Chief Adviser noted that the previously plundered banking sector has recovered, restoring public confidence, and several initiatives are now underway to further strengthen the sector.
Highlighting foreign direct investment (FDI), Professor Yunus said that while many countries experience a decline in investment following periods of unrest, Bangladesh saw a 19.13 percent rise in FDI in the first year after the mass uprising, setting a unique example against the global trend.
He added that the government is set to sign a 30-year concession agreement next week with APM Terminals BV, a subsidiary of the Denmark-based Maersk Group, for the Laldia Container Terminal project.
Under this agreement, the European company will invest US$550 million, marking the largest single European investment in Bangladesh to date.
“Once completed, Laldia will be the country’s first world-class green port,” the Chief Adviser said.
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