FOREIGNER / NON RESIDENT INVESTOR

If you are a Foreigner or non Resident willing to invest in our market you can do so from outside Bangladesh through a CSE broker or a Portfolio Manager.

For securities deposit and settlement obligation of eligible securities you may enter agreement with a Custodian Bank and open your BO account with Custody Participants (Lists of Custodian participant is available in CDBL website www.cdbl.bd.com. Custodian Banks in Bangladesh are also working as Custody Participants.

LIST OF CUSTODIAN BANK LICENSED BY SEC

Opportunity for Foreign Investors

Bangladesh has adopted a very liberal industrial policy to attract foreign investment

- No limitations pertaining to equity participation i.e. up to 100 percent foreign private investment allowed.

- Except five reserve sectors, all industries are open for private investment. Industries earmarked for public sector investment are in the reserve sector namely :

(i) arms, ammunition and other defence equipment and machinery

(ii) Production of nuclear energy,

(iii) Forest plantation and mechanized extraction within the bounds of reserved forests,

(iv) Security printing (currency notes ) & minting and,

(v) Railways & air transportation (except certain domestic routes and air cargo)

- No permission of the government required to set up new industries.

Investment Guarantee

· Foreign Private Investment (Promotion & Protection) Act1980 ensures legal protection to foreign investment in Bangladesh against nationalization and expropriation.

· It also guarantees repatriation of capital and dividend and equitable treatment with local investors.

· Adequate protection is available for intellectual property rights, such as patents, designs & trademarks and copyrights.

FACILITIES AND INCENTIVES