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FDI Inflows by EPZ and NON EPZ areams

Foreign Direct Investment (FDI)


in Bangladesh

Survey Report
July-December, 2012

Statistics Department Bangladesh Bank


Editorial Committee

Chairman
Abdus Satter Miah
Executive Director(Specialized)

Members

A.K.M.Fazlul Haque Mia


General Manager

Md. Mizanur Rahman


Deputy General Manager

Md. Azizul Islam


Deputy General Manager

Md. Anwarul Islam


Deputy General Manager

Mrinal Kanti Sarker


Deputy General Manager

Mohammad Abu Sadat


Joint Director

Ashrafe Alam
Joint Director

Muhammad Monsur Ahmed


Deputy Director

Saiful Arefeen
Deputy Director
Dewan Sonia Sultana
Deputy Director

Asif Ahmed Mansur


Assistant Director
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Contents
Subject Pages

Concepts and Definitions 1

Survey Report (July-December, 2012)

1. Survey Methodology 6
2. Reporting Status of FDI Enterprises 6
3. Survey Findings 7
4. Stock Position of Foreign Direct Investment (FDI) 12

5. Position of Outstanding External Debt in Bangladesh 14

Annexure 1 : FDI Historical Data


Table I: Time Series Data on FDI Inflows by Components 18

Table II : Time Series Data on FDI Inflows by Areas 19

Table III : Time Series Data on FDI Stock by Components 20

Table IV: Time Series Data on FDI Inflows by Sectors 21

Table V : Time Series Data on FDI Inflows by Countries 27

Table VI : Time Series Data on FDI Stock by Sectors 31

Table VII : Time Series Data on FDI Stock by Countries 33

Table VIII : Time series Stock Data on Private Sector External Debt (PSED) 39

Annexure 2 : Survey Questionnaire 40

ii
List of Tables
Pages
Table 1: Reporting status of FDI Enterprises by EPZ and Non-EPZ areas 7
Table 2: FDI Inflows by Components (Jan-Jun, 2010 to Jul-Dec, 2012) 8
Table 3: FDI Inflows by Areas and Components (Jan-Jun, 2011 to Jul-Dec, 2012) 10
Table 4: FDI Inflows classified by Major Countries and Major Sectors for the 12
period of July-December, 2012
Table 5: FDI Stock classified by Major Countries and Major Sectors as on end of 14
December, 2012

Table 6: External Debt position in Bangladesh from 2008 to 2012 16

iii
List of Figures

Pages
Figure 1 : Reporting Status of FDI enterprises for the period July-December, 2012 6

Figure 2 : Area-wise Reporting Status of FDI enterprises for the period JulyDecember, 6
2012
Figure 3 : Half- yearly Time Series Data on FDI Inflows 7

Figure 4 : Yearly Time Series Data on FDI Inflows 7


Figure 5 : FDI inflows by Components during July-December, 2012 8

Figure 6 : FDI inflows by Non-EPZ and EPZ Area 9

Figure 7 : FDI Inflows of Non-EPZ area by Components (July-December, 2012) 9

Figure 8 : FDI Inflows of EPZ area by Components (July-December, 2012) 9

Figure 9 : FDI Inflows by Major Sector during July-December, 2012 10

Figure 10 : Major Country-wise FDI Inflows by during July-December, 2012 11

Figure 11 : Stock Position of Foreign Direct Investment (FDI) 12

Figure 12 : Trends in Major Sector-wise FDI Stock 12

Figure 13 : Trends in Major Country-wise FDI Stock 13

Figure 14 : Debt Position in Bangladesh as at end December, 2012 14


Figure 15 : External Debt Position in Bangladesh 15
15
Figure 16 : Current Account Receipts/Debt ratio in Bangladesh
iv
Concepts and Definitions

Foreign Direct Investment (FDI):


Foreign Direct Investment is the category of international investment that reflects the objective of a resident entity
in one economy obtaining a lasting interest in an enterprise resident in another economy (The resident entity is the
direct investor and the enterprise is the direct investment enterprise). The lasting interest implies the existence of a
long-term relationship between the direct investor and the enterprise and a significant degree of influence by the
investor on the management of the enterprise. Direct investment comprises not only the initial transaction
establishing the relationship between the investor and the enterprise but also all subsequent transactions between
them and among affiliated enterprises, both incorporated and unincorporated. A direct investment enterprise is an
incorporated or unincorporated enterprise in which a direct investor owns 10 percent or more of the ordinary shares
or voting power for an incorporated enterprise or the equivalent for an unincorporated enterprise (IMF, Balance of
Payment Manual, 5th addition, 1993, page-86). The components of FDI are: a) Equity capital b) Reinvested
earnings and c) Intra-company loans.

A foreign direct investor is an individual, an incorporated or unincorporated public or private enterprise, a group
of related individuals, or a group of related incorporated and/or unincorporated enterprise which has a direct
investment enterprise - that is, a subsidiary, associate or branch - operating in a country other than the country or
countries of residence of the foreign direct investor or investors.

A direct investment enterprise is defined as an incorporated or unincorporated enterprise in which a foreign


investor owns 10 per cent or more of the ordinary shares or voting power for an incorporated enterprise or the
equivalent for an unincorporated enterprise. A direct investment enterprise may be an incorporated enterprise - a
subsidiary or associate company - or an unincorporated enterprise (branch). Direct investors may have direct
investment enterprise which has subsidiaries, associates and branches in one country or in several countries.

In a subsidiary enterprise, a direct investor owns more than 50 percent of the shareholder’s voting power; in an
associate enterprise a direct investor owns at least 10% but not more than 50 percent of the shareholder’s voting
power and branches are wholly or jointly owned unincorporated enterprise either directly or indirectly owned by
the direct investor.

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Residents and Non-residents:

Residents include all individuals, households, enterprises or other organizations operating in Bangladesh,
regardless of whether they are citizens of the country or not, and/or are owned by Bangladeshi citizens or foreigners.
These units have their centers of economic interest in Bangladesh. Branches, subsidiaries and affiliates of foreign
banks and enterprises operating in Bangladesh and persons who normally live in Bangladesh for one year or more
are Bangladeshi residents, regardless of citizenship.

Non-residents are individuals, households, enterprises or other organizations ordinarily domiciled in a country
other than Bangladesh. Non-resident branches and subsidiaries of Bangladeshi banks and enterprises operating in
another country are examples of non-residents, as are persons who do not normally live in Bangladesh.

Foreign Assets and Liabilities:

An asset or liability must represent actual claims that are legally in existence. Foreign assets of resident
enterprise/company/entity comprise its claims on non-residents and liabilities comprise its indebtedness to
nonresidents.

Equity Capital:
Remittances received by the incorporated or unincorporated direct investment enterprises operating in
Bangladesh on account of equity participation in those by the nonresident direct investors. Equity capital
comprises:

a) Ordinary Shares:
This item represents the total paid-up capital against issue of ordinary shares.
b) Revaluation & Capital Reserves:
This item comprises revaluation reserve, capital reserve, non-remittable special capital
reserve, non-distributable special reserve and premium on shares. c) Share Money
Deposits:
These are the deposits of the shareholders to get ordinary shares in future.
d) Other Reserves:
This item comprises tax holiday reserve, reserve for bonus share, general reserve, special reserve etc.
Reinvested earnings:
It is the amount of profit retained for reinvestment.
Intra-company loans:
Intra-company loans or intra-company debt transactions refer to short or long-term borrowing and lending
of funds between direct investors (parent enterprises) and affiliate enterprises. The traditional distinction
between short and long term maturity based on the formal criterion of original maturity retained.
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Short-term debt is defined as debt with an original maturity of one year or less. It includes loans,
overdrafts, suppliers’ credit, buyers’ credit, deferred payment etc. of a resident enterprise borrows from
direct investors.
Long-term debt is defined as debt with an original maturity of more than one year. It includes loans,
overdrafts, suppliers’ credit, buyers’ credit, deferred payment etc. of a resident enterprise borrows from
direct investors.
Trade credit and accounts payable (Liabilities):
Trade Credits may arise due to direct extension of credit by buyers (nonresidents) to the reporting
enterprise for goods and services transactions. It also arises due to advance payments by nonresidents to
the reporting enterprise for "work that is in progress or to be undertaken". Trade Credit increases due to
purchase (foreign) or import of goods (say, yarn, raw materials etc.) from non-residents and decreases
when its value is paid. It is called accounts payable.
Trade Credit and accounts receivable (Claims):
Trade credits may arise due to direct extension of credit by suppliers (reporting enterprise) to nonresidents
for goods and services transactions. Trade credits increase due to export of goods to nonresidents and
decreases when its value is received. It is called accounts receivable.
Other debts:
Other short-term debt covers money market instruments, such as bills, commercial paper, and bankers'
acceptances that usually give the holder the unconditional right to receive a stated, fixed sum of money
on a specified date. It also includes debt securities that have been sold under repurchase agreements. In
long-term it also covers debt securities that have been sold under repurchase agreements and debt
securities that have been lent under a securities lending arrangement.
Bonds and notes:

It covers bonds, debentures, and notes that usually give the holder the unconditional right to a fixed cash
flow or contractually determined variable money income.

Equity securities:

A security is defined as an instrument that is traded or tradable. It covers all instruments and records
acknowledging, after the claims of all creditors have been met, claims to the residual values of enterprises.
Equity securities comprise:

a) Ordinary Share:

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This item represents ownership share with full voting rights. Ordinary shares are usually
issued in registered form.
b) Preference share:

Part of the share capital of a company that ranks after secured creditors but before ordinary
shareholders in the event of liquidation. Preference rights are defined in the articles of association of the
relevant company but may relate to dividend, voting rights, or distribution of surplus assets. There are two
types of preference shares such as

i) Participating Preference share


These preference shares have further rights that are normally linked to the relevant company's
profits or dividend payment on ordinary shares.

ii) Other Preference share


These will have the rights of standard preference shares but may also be:
• cumulative (i.e., income arrears are carried forward to the next payment date),
• convertible (into ordinary shares),
• redeemable (at a fixed date or contingent on a special event), or permanent (not
redeemable except at issuer's option).
c) Share Money Deposits:
These are the deposits of the shareholders to get ordinary shares in future.
d) Other:
It covers shares in mutual funds and investment trusts, depository receipts etc.

Currency and Deposits:


These include domestic currency held by nonresidents and deposits held by nonresidents. Deposits may
be in domestic and foreign currencies, the defining factor being it is held in a resident financial institution
and owed to a nonresident.
Operating profit and net income:
In case of foreign direct investment in Bangladesh, the survey seeks information on the profit, net income,
and retained earnings of the reporting enterprise (and its subsidiaries) attributable to foreign direct
investors.
Operating profit includes profits from the operations of enterprises. In calculating operating profit,
depreciation should be calculated at the written down replacement cost value; exchange rate gains and
losses, special tax provisions (such as accelerated depreciation), and any extraordinary items should be
excluded from the calculation. Taxes should be recorded when due without penalty.

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Net income includes income received in the form of interest, dividends and the reinvested earnings
attributable to major owners, less interest paid. Major owners of an enterprise include the head office in
the case of a branch, the parent company in the case of a subsidiary and any enterprise in which an owner
has directly or indirectly a 10 percent or more ownership interest.

Interest on debt should be reported on an accrual basis. In the case of instruments for which interest
payments are made at maturity, interest accrued during the reporting period should be reported. For bonds
and other deep-discounted instrument, the difference between the discounted issue price and the value at
maturity should be treated as interest and reported as it accrues during the period.

External Debt:

Gross external Debt, at any specific time, is the outstanding amount of those actual current, and not
contingent, liabilities that require payments of principal and/or interest by the debtor at some points in the
future and that are owed to non-residents by residents of a country.

Valuation Principles

Data have been valued using the concept of the “own funds at book value (OFBV)”.

Authority

Article 69 of the Bangladesh Bank Order, 1972 (President’s Order No. 127 of 1972) authorizes
Bangladesh Bank to request from natural or juridical persons including the government, such data or
information as are required for proper execution of its responsibilities.

Data Confidentiality
Bangladesh Bank respects the right to privacy and confidentiality of the respondents, not publishing any
statement or data of individual or corporate bodies without consent of the respondents concerned.

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Survey Report (July-December, 2012) 1. Survey Methodology:
Bangladesh Bank, as the central bank of the country, is responsible for compilation of FDI Statistics needed for
drawing up balance of payments and international investment position of Bangladesh. The Statistics Department of
Bangladesh Bank has been conducting an enterprise survey since 1995 to collect detailed information on foreign
direct investment in Bangladesh. This survey is being conducted twice a year, covering the period January-June
and July-December. This survey covers 100% foreign owned companies and joint-venture companies operating in
Bangladesh. A prescribed survey questionnaire (FORM FI -1) is used to collect data from FDI enterprises situated
both in EPZ and Non-EPZ areas. In compliance with the Bangladesh Bank’s FE Circular No-21 of November 03,
2009, the FDI enterprises are to submit the completed survey forms (FORM FI - 1) through their designated banks
for the period January-June and July-December by 30th September and 31st March respectively each year. The
survey covers FDI inflows and outstanding stock of investment by sectors, countries and enterprises. It also covers
stock position of Private Sector External Debt (PSED).

2. Reporting Status of FDI Enterprises

In order to conduct the current FDI survey for the period Figure 1 : Reporting Status of FDI enterprises for the
July-December, 2012, the updated lists of FDI enterprises period July-December, 2012

have been collected from the Authorized Dealer Banks,


Board of Investment (BOI) and Bangladesh Export 185
(15.88%)
Processing Zones Authority (BEPZA). FDI survey forms
were sent to 1165 enterprises, among them, 352 enterprises
are located in EPZ areas and the rest 813 are in Non-EPZ
area. A total number of 980 (84.12%) enterprises submitted
FDI returns, of which 301 from EPZs and 679 from Non- 980
(84.12%)
EPZ areas. FDI data in connection with the rest of 185
(15.88%) enterprises were not included in the survey report
Respondent Non-Respondent
because of non-response.
Among these 185 non-response enterprises for the current
Figure 2 : Area-wise Reporting Status of enterprises for
period 134 are located in Non-EPZ area and 51 are in EPZ the period July-December, 2012
areas. On the other hand, during the previous period
900 813
January-June, 2012, a total number of 958 (89.53%) 800 679
700
enterprises submitted their FDI returns. Among these 958 600
enterprises, 673 are located in Non-EPZ area and 285 are 500
352
400 301
located in EPZ areas. The rest of 112 enterprises which were 300
not included in the survey report because of nonresponse. 200 134
51
100
Though 185 enterprises did not submit FDI returns for the 0
current period, the survey captured the Non-EPZ EPZ
Area
maximum enterprises having large amount of FDI Total Respondent Non-Respondent
(Figure-1, Figure-2, and Table-1).

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Table 1: Reporting status of FDI Enterprises by EPZ and Non-EPZ areas

No. of No. of Respondent No. of Non Respondent


Enterprises enterprises enterprises
Area
Jan-Jun Jul-Dec Jan-Jun Jul-Dec Jan-Jun Jul-Dec 2012
2012 2012 2012 2012 2012

303 352 285 301 18 51


EPZ (100%) (100%) (94.06%) (85.51%) (5.94%) (14.49%)

767 813 673 679 94 134


Non-EPZ (100%) (100%) (87.74%) (83.52%) (12.26%) (16.48%)

1070 1165 958 980 112 185


Total (100%) (100%) (89.53%) (84.12%) (10.47%) (15.88%)

Note: Figures within the parenthesis indicates the percentage of total no. of Enterprises.

3. Survey Findings:

(a) Overall FDI inflows:


i) Total FDI inflows increased by US$ 302.52
Figure 3: Half yearly Time Series Data on FDI
million or 61.11% to US$ 797.54 million during Inflows
1000
July-December, 2012 compared to a decrease of 900 797.54
800 699.86
US$ 204.84 million or 29.27% during January- 700 570.80
600 495.02
June,2012 and an increase of US$ 263.34 500 436.52
400 342.52
million or 60.33% during the same period of the 300
200
last year (Figure-3) . 100
0
Jan-Jun,10 Jul-Dec,10 Jan-Jun,11 Jul-Dec,11 Jan-Jun,12 Jul-Dec,12

Period

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ii) Year on year basis, total FDI inflows increased Figure 4: Yearly Time Series Data on FDI Inflows
by US$ 156.18 million or 13.74% to US$ 1600
1500
1292.56 million during 2012 compared to an 1400 1292.56
1300
1136.38
increase of US$ 223.06 million or 24.42% 1200 1086.31
1100
1000 913.32
during 2011 and US$ 213.16 million or 30.44% 900
800 700.16
during 2010 700
600
(Figure-4) . 500
2008 2009 2010 2011 2012
Period

(b) FDI inflows by Components:


The country’s overall FDI inflow raised by US$ 302.52 million or 61.11% during July-December, 2012
over the previous period January-June, 2012 due mainly to significant increase of equity capital and intracompany
loans inflows by US$ 189.85 million and US$ 97.82 million respectively.
i) The growth of FDI inflows increased in Equity capital by US$ 189.85 million or 123.37% to US$ 343.74
million during July-December, 2012 compared to a decrease of US$ 146.32 million or 48.74% during the
previous half year and an increase of US$ 168.57 million or 128.05% during the same period of the last
year (Figure-5, Table-2) .
ii) Reinvested earnings increased by US$ 14.85 million or 5.19% to US$ 301.19 million during JulyDecember,
2012 compared to an increase of US$ 30.33 million or 11.85% during the previous period January-
June,2012 and an increase of US$ 22.39 million or 9.58% during the same period of the last year (Figure-
5, Table-2) .
iii) Intra-company loans increased by US$ 97.82 million or 178.54% to US$ 152.61 million during
JulyDecember, 2012 compared to a decrease of US$ 88.85 million or 61.86% during the previous period
January-June,2012 and an increase of US$ 72.38 million or 101.57% during the same period of the last
year (Figure-5, Table-2).

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Figure 5: FDI inflows by Components during July -December, 2012
(In million US$)
152.61
(19.14%)

301.19
(37.76%)

343.74
(43.10%)

Equity Capital Reinvested earnings Intra-company Loans

Table 2: FDI Inflows by Components (Jan-Jun, 2010 to Jul-Dec, 2012).


(In million US$)
2010 2011 2012
Component
Jan-Jun Jul-Dec Jan-Jun Jul-Dec Jan-Jun Jul-Dec

Equity Capital 401.67 118.31 131.64 300.21 153.89 343.74


(70.37%) (34.54%) (30.16%) (42.90%) (31.09%) (43.10%)

Reinvested earnings 153.05 211.57 233.62 256.01 286.34 301.19


(26.81%) (61.77%) (53.52%) (36.58%) (57.84%) (37.76%)

Intra-company Loans 16.08 12.64 71.26 143.64 54.79 152.61


(2.82%) (3.69%) (16.32%) (20.52%) (11.07%) (19.14%)

FDI inflows 570.80 342.52 436.52 699.86 495.02 797.54


(100%) (100%) (100%) (100%) (100%) (100%)

Note: Figures within the parentheses indicate the percentage of total FDI inflows.

(c) FDI Inflows by EPZ and Non-EPZ Areas:


i) FDI inflows in Non-EPZ area during July-December, 2012
recorded to US$ 635.73 million which is 79.71% of total
inflows. In the preceding period January-June, 2012 it was
US$ 405.36 million or 81.89% of total inflows. The
components of FDI inflows in Non-EPZ area during July-
December, 2012 revealed that Equity capital, Reinvested
earnings and Intra-company loans shared by US$ 311.45
million, US$ 209.27 million and US$ 115.01 million
respectively (Figure-6, Figure-7, and Table-3).

On the other hand, FDI inflows in EPZ areas during


JulyDecember, 2012 amounted to US$ 161.81 million
which is 20.28% of total inflows. In the preceding period
January-June, 2012 it was US$ 89.66 million or 18.11%
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115.01 209.27
of total inflows. The components of FDI inflows in EPZ (18.09%) (32.92%)

areas during July-December, 2012 revealed that Equity


Equity capital Reinvested earnings Intra -Company Loans
capital, Reinvested earnings and Intra -company loans
shared by US$ 32.29 million, Figure 8: FDI
US$ 91.92 million and US$ 37.60 million Inflow of EPZ
respectively area by Components
(Figure-6, Figure-8, and
(July-December,2012)
(In million US$)
32.29
(19.96%) 91.92
Table-3). ii) Total FDI inflows of Non-EPZ area increased by US$ 230.37 million or 56.83% to US$(56.81%)
635.73

million during the period under review compared to a decrease by US$ 198.90 million or 32.92% during the

37.60
previous period January-June, 2012 and an increase of US$ 300.17(23.24%)
million or 98.71 % during the same period of the

Equity capital Reinvested earnings Intra-Company Loans


last year (Figure-6, Table-3) .

In EPZ areas, total FDI inflows increased by US$ 72.15 million or 80.47 % to US$ 161.81 million during July-
December, 2012 compared to a decrease of US$ 5.94 million or 6.21% during the previous period JanuaryJune,
2012 and a decrease of US$ 36.83 million or 27.81% during same period of the last year (Figure-6, Table-3) .

Table 3: FDI Inflows by Areas and Components (Jan-Jun, 2011to Jul-Dec, 2012)
(In million US$)
Non-EPZ EPZ
Component Jan-June July-Dec Jan-June July-Dec Jan-June July-Dec Jan-June July-Dec
2011 2011 2012 2012 2011 2011 2012 2012
Equity capital 110.65 288.41 147.44 311.45 20.99 11.80 6.45 32.29

Reinvested earnings 151.49 196.71 221.89 209.27 82.13 59.30 64.45 91.92
Intra-company loans 41.95 119.14 36.03 115.01 29.31 24.50 18.76 37.60

Total 304.09 604.26 405.36 635.73 132.43 95.60 89.66 161.81

(d) FDI Inflows by Major Sectors:

The sectors that attracted maximum FDI during the Second half of this year (July-December, 2012) include
Telecommunication Sector (US$ 339.88 million), Textile & Wearing Sector (US$ 174.78 million), Food Sector
(US$ 57.43 million), Power Sector (US$ 29.71 million) and Banking Sector (US$ 29.68 million) which were
42.62%, 21.91%, 7.20%, 3.73% and 3.72% respectively towards the contribution of total FDI inflow (Figure-9,
Table-4) .
i) FDI inflows into Telecommunication Sector increased by US$ 304.79 million or 868.60% to US$ 339.88
million during July-December, 2012 compared to a decrease of US$ 108.72 million or 75.60% and an
increase of US$ 106.63 million or 286.79% during the preceding period January-June, 2012 and the
corresponding period of last year respectively (Table-IV, Page-26).

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ii) FDI inflows into Textile & Wearing Sector
increased by US$ 42.08 million or 31.71% to Figure 9: FDI Inflows by Major Sector during
July-December, 2012
US$ 174.78 million during July-December, (In million US$)

2012 compared to an increase of US$ 24.01


133.51
million or 22.09% and a decrease of US$ 54.66 (16.74%)
14.86
million or 33.46% during the preceding period (1.86%)
339.88
17.69 (42.62%)
January-June, 2012 and the (2.22%)
29.68
corresponding period of last year respectively (3.72%)
(Table-IV, Page-26). 29.71
(3.73%)
iii) FDI inflows into Food Sector increased by US$ 57.43
(7.20%)
40.31 million or 235.46 % to US$ 57.43 million
during July-December, 2012 compared to a
decrease of US$ 1.27 million or 6.91% and an 174.78
(21.91%)
increase of US$ 13.81 million or 301.53%
during the preceding period JanuaryJune, 2012
and the corresponding period of last year Telecommunication Textiles & Wearing
Food Power
respectively (Table-IV, Page-26). Banking Cement
Agriculture & Fishing Others
iv) FDI inflows into Power Sector decreased by US$
7.88 million or 20.96% to US$ 29.71 million during July-December, 2012 compared to an increase of US$
10.98 million or 41.26% and a decrease of US$ 5.18 million or 16.29%during the preceding period January-
June, 2012 and the corresponding period of last year respectively (Table-IV, Page-26).
v) FDI inflows into Banking sector decreased by US$ 77.11 million or 72.21% to US$ 29.68 million during
July-December, 2012 compared to a decrease of US$ 39.86 million or 27.18% and an increase of US$
43.93 million or 42.77% during the preceding period January-June, 2012 and the corresponding period of
last year respectively (Table-IV, Page-26).

(e) FDI Inflows by Major Countries:

FDI inflows from major countries for the period July-December, 2012 arranged in descending order of magnitude
were: Malaysia (US$ 240.24 million), Egypt (US$ 97.77 million), UK (US$ 54.65 million), South Korea (US$
51.25 million) , Netherlands (US$ 46.44 million), Hong Kong (US$ 37.41 million), British Virgin Islands (US$
34.74 million), Singapore (US $ 26.48 million), Switzerland (US$ 24.48 million) and Japan (US$ 20.04 million)
which were 30.12%, 12.26%, 6.85%, 6.43%, 5.82%, 4.69%, 4.36% , 3.32% , 3.07% and 2.51% respectively
towards the contribution of total FDI inflow (Figure-10, Table-4).

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Figure 10 : Major Country-wise FDI Inflows during July -December, 2012

280
240.24

210

140
97.77 95.12

70 54.65 51.25 46.44


37.41 34.74
26.48 24.48 20.04 18.24 16.09 14.07 10.93 9.59

Country

Table 4: FDI Inflows classified by Major Countries and Major Sectors for the period of July-December, 2012.
(In million US $)

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4. Stock Position of Foreign Direct Investment (FDI):
(a) Overall Stock position of Foreign Direct Investment (FDI):
Stock Position of Foreign Direct Investment (FDI) increased by US$ 1499.38 million or 23.99% to US$
7750.24 million as on end December, 2012 compared to an increase of US$ 85.05 million or 1.38% to
US$ 6250.86 million as on end June, 2012. It decreased by US$ 53.25 million or 0.86% to US$ 6165.81
million as on end December, 2011 (Figure-11, Table-5).

Figure 11 : Stock Position of Foreign Direct Investment (FDI)*

10000

8000 7750.24
5969.46 6072.07 6219.06 6165.81 6250.86
6000 5139.19 5278.92
4368.44 4398.78
4000

2000

0
Jun'08 Dec'08 Jun'09 Dec'09 Jun'10 Dec'10 Jun'11 Dec'11 Jun'12 Dec'12

Period

* at book values in financial statements, which may differ from market value of stocks.
(b) Stock position of Foreign Direct Investment (FDI) by Major Sectors:
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FDI stocks as on end December, 2012 classified by major sectors arranged in descending order of
magnitude were: Textiles & Wearing (US$ 1829.33 million), Gas & Petroleum (US$ 1444.22 million) ,
Banking (US$ 1292.03 million), Telecommunication (US$ 953.72 million) , Power (US$ 308.19 million)
, Cement (US$ 287.04 million), Agriculture & Fishing (US$ 224.41 million), Food (US$ 213.88 million),
Chemicals & Pharmaceuticals (US$ 146.07 million) and Trading (US$ 114.68 million) which were
23.60%, 18.63%, 16.67%, 12.31%, 3.98%, 3.70%, 2.90%, 2.76%, 1.88% and 1.48% respectively
towards the contribution of total FDI stocks (Figure-12) (Table-VI, Page-32).

* at book values in financial statements, which may differ from market value of stocks.

(c) Stock position of Foreign Direct Investment (FDI) by Major Countries:


FDI stocks as on end December, 2012 classified by major countries arranged in descending order of
magnitude were: Australia (US$ 876.82 million) , U.K. (US$ 874.91 million) , U.S.A. (US$ 725.94
million), South Korea (US$ 573.75 million), Netherlands (US$ 501.81 million), Malaysia (US$ 420.96
million), Hong Kong (US$ 405.57 million), Japan (US$ 392.40 million), Egypt (US$ 380.55 million) and
Pakistan (US$ 251.60 million) which were 11.31%, 11.29%, 9.37%, 7.40%, 6.47%, 5.43%, 5.23% ,
5.06% , 4.91% and 3.25% respectively towards the contribution of total FDI stocks (Figure-13, Table-5).

* at book values in financial statements, which may differ from market value of stocks
Page 14 of 44
Table 5 : FDI Stock classified by Major Countries and Major Sectors as on end of December, 2012*
(In million US$)

*at book values in financial statements, which may differ from market value of stocks.

5. Position of Outstanding External Debt in Bangladesh:


(a) Bangladesh’s total stock of outstanding external debt as Figure 14: Debt Position in Bangladesh
as at end December, 2012
at end December, 2012 stood at US$ 27738.2 million (In million US$)
comprising public sector external debt US$ 25949.0
1789.2
million and private sector external debt US$ 1789.2 (6.45%)
million. The share of public sector external debt in the
total external debt stood at 93.55% while the share of
private sector external debt stood at 6.45% as at end
December, 2012 (Figure-14). The trend shows that public
25,949.0
sector external debt has increased steadily over the (93.55%)
periods up to 2012 but private sector external debt has
increased up to 2009 and moved downward as at end
Public Sector External Debt
2010 but it again goes upward as at end 2012 (Figure- Private Sector External Debt
15, Table-6).

Page 15 of 44
(b) External debt as at end December, 2012 recorded an increase of US$ 2692.6 million or 10.8% over end
December, 2011 on account of significant increase of borrowing in crude oil, air craft and medium and
long term loans of which ERD is the official borrower/guarantor against Public sector external debt.
The public sector external debt increased by US$ 2478.8 million or 10.6% to US$ 25949.0 million as
at end December, 2012 compared to an increase of US$ 956.5 million or 4.25% as at end December,
2011.
Private sector external debt increased by US$ 213.8 million or 13.6% to US$ 1789.2 million as at end
December, 2012 compared to an increase of US$ 48.0 million or 3.14% as at end December, 2011
(Figure-15, Table-6).

Figure 15: External Debt Position in Bangladesh


30,000 27,738.1
25,045.6 25,949.0
24,207.5 24,041.1
25,000 22,980.6 23,470.2
21,381.4 22,519.0 22,513.7

20,000
15,000
10,000
5,000 1599.2 1688.5 1527.4 1575.4 1789.2

0
2008 2009 2010 2011 2012
Period
Total External Debt Public Sector External Debt Private Sector External Debt

* at book values in financial statements, which may differ from market value of stocks.
(c) An assessment of the sustainability of the external debt has been carried out based on one of the
important macroeconomic indicators viz. current account receipts (CAR) to debt which is 152.6% as at
end December, 2012. The trend of current account receipts to debt ratio shows that it has been
significantly increasing over the period with more than 100% coverage in last 3 years successively but
decrease in the last period. It appears from the ratio analysis that the level of external debt is well
managed and quite sustainable in Bangladesh (Figure-16, Table-6).
Figure 16:
180.0 Current
160.0 141.5 152.6
140.0 119.3 118.4
120.0
100.0
80.0
60.0
40.0
20.0
0.0
2008 2009 2010 2011 2012

Current Account Receipts/Debt ratio

Page 16 of 44
Account Receipts/Debt ratio
158.3

Table 6: External Debt position in Bangladesh from 2008 to 2012


(In million US$)
Amount Changes

Item 2008 2009 2010 2011 2012 2012 over 2011 over
2011 2010

Total External Debt 22980.6 24207.5 24041.1 25045.6 27738.2 2692.6 1004.5
(100%) (100%) (100%) (100%) (100%) (10.8%) (4.18%)

Public Sector External Debt 21,381.4 22,519.0 22,513.7 23,470.2 25949.0 2478.8 956.5
(93.04%) (93.02%) (93.65%) (93.71%) (93.55%) (10.6%) (4.25%)

1599.2 1688.5 1527.4 1575.4 1789.2 213.8 48


Private Sector External Debt (6.96%) (6.98%) (6.35%) (6.29%) (6.45%) (13.6%) (3.14%)

2687.5 5621.1
Current Account Receipt 27415.0 28665.0 34028.0 39649.1 42336.6 (6.8%) (16.52%)

677.4 4832.4
Export Receipt 15504.0 15102.0 19232.0 24064 24741.8 (2.8%) (25.13%)

-42.0 -122.4
Service Receipt 1877.0 2036.0 2797.0 2674.6 2632.6 (-1.6%) (-4.38%)

-4.5 (- 75.8
Income Receipt 222.0 14.0 85.0 160.8 156.3 2.8%) (89.18%)

2056.6 835.3
Current Transfer Receipt 9812.0 11513.0 11914.0 12749.3 14805.9 (16.1%) (7.01%)

Current Account Receipt/Debt


119.3 118.4 141.5 158.3 152.6
(Percentage)
Source: Bangladesh Bank, Ministry of Finance, Bangladesh Petroleum Corporation, Biman Bangladesh Airlines Ltd.

Page 17 of 44
Annexure 1: FDI Historical Data

Page 18 of 44
(In million US$)
Table I : Time Series Data on FDI Inflows by Components
(In million US$)

Page 19 of 44
Table II : Time Series Data on FDI Inflows by Areas.
Page 20 of 44
(In million US$)

Page 21 of 44
Table III : Time Series Data on FDI Stock by Components
(In million US$)

Page 22 of 44
(In million US$)

Table IV : Time Series Data on FDI Inflows by Sectors (Contd) .

Page 23 of 44
Page 24 of 44
(In million US$)

Table IV : Time Series Data on FDI Inflows by Sectors (Contd).


(In million US$)

Page 25 of 44
Table IV: Time Series Data on FDI Inflows by Sectors (Contd).

Page 26 of 44
(In million US$)

Page 27 of 44
Table IV: Time Series Data on FDI Inflows by Sectors (Contd).
(In million US$)

Page 28 of 44
(In million US$)

Page 29 of 44
Table IV : Time Series Data on FDI Inflows by Sectors (Contd).
(In million US$)

Page 30 of 44
Table IV: Time Series Data on FDI Inflows by Sectors (Concld).

(In million US$)

Page 31 of 44
Table V : Time Series Data on FDI Inflows by Countries (Contd.)
Page 32 of 44
(In million US$)

Page 33 of 44
Table V : Time Series Data on FDI Inflows by Countries (Contd.)
(In million US$)
Country

Period
Jan-Jun -- -- -- -- -- 3.50 -- -- -- -- 0.08 -- -- -- -- -- 0.04
1996 Jul-Dec 1.01 -- -- -- -- 1.87 -- -- -- -- -- -- --
-- -- -- 0.37
Total 1.01 -- -- -- -- 5.37 -- -- -- -- 0.08 -- -- -- -- -- 0.41
Jan-Jun -- -- -- -- -- 38.68 -- -- -- -- -- -- -- -- -- -- 0.52
1997 Jul-Dec 1.70 -- -- -- -- 12.63 -- -- -- -- 6.12 -- --
-- -- -- 0.92
Total 1.70 -- -- -- -- 51.31 -- -- -- -- 6.12 -- -- -- -- -- 1.44
Jan-Jun -- -- -- -- 0.36 13.47 -- -- -- -- 3.29 -- -- -- -- -- 0.15
1998 Jul-Dec 1.66 -- -- -- -- 2.17 -- -- -- -- 1.73 -- --
-- -- -- 0.54
Total 1.66 -- -- -- 0.36 15.64 -- -- -- -- 5.02 -- -- -- -- -- 0.69
Jan-Jun -- -- 0.03 -- -- 4.82 -- -- -- -- 0.51 -- 0.87 -- -- -- 11.00
1999 Jul-Dec -- -- -- -- 0.03 30.22 -- -- -- -- 2.41 -- --
-- -- -- 11.16
Total -- -- 0.03 -- 0.03 35.04 -- -- -- -- 2.92 -- 0.87 -- -- -- 22.16
Jan-Jun -- -- -- -- -- 16.17 -- -- -- -- 1.37 -- 0.10 -- -- -- 33.20
2000 Jul-Dec 8.50 -- -- -- -- 12.39 -- -- -- -- 6.59 -- --
-- -- -- 125.54
Total 8.50 -- -- -- -- 28.56 -- -- -- -- 7.96 -- 0.10 -- -- -- 158.74
Jan-Jun 0.30 -- -- -- -- 4.79 -- -- -- -- 0.41 -- -- -- -- -- 54.15
2001 Jul-Dec 1.78 -- -- -- 0.18 2.06 -- -- -- -- 0.04 -- --
-- -- -- 72.69 Total 2.08 -- -- -- 0.18 6.85 -- -- --
-- 0.45 -- -- -- -- -- 126.84
Jan-Jun 1.73 -- -- -- -- 7.69 -- -- -- -- 7.29 -- -- -- -- -- 15.81
2002 Jul-Dec 2.57 0.11 -- -- -- 9.90 -- -- -- -- 5.68 -- --
-- -- -- 9.10 Total 4.30 0.11 -- -- -- 17.59 -- -- --
-- 12.97 -- -- -- -- -- 24.91
Jan-Jun 0.05 -- -- -- -- 13.92 -- -- -- 0.54 11.83 -- 0.87 -- -- -- 15.42
2003 Jul-Dec 3.58 -- -- -- 0.22 15.23 -- -- -- 0.05 1.54 -- --
-- -- -- 11.09
Total 3.63 -- -- -- 0.22 29.15 -- -- -- 0.59 13.37 -- 0.87 -- -- -- 26.51
Jan-Jun 6.65 -- -- -- -- 14.10 -- -- -- 0.63 0.04 -- -- -- -- -- 6.53
2004 Jul-Dec 0.15 -- -- -- -- 15.93 -- -- -- 2.44 38.95 -- --
-- -- -- 2.33
Total 6.80 -- -- -- -- 30.03 -- -- -- 3.07 38.99 -- -- -- -- -- 8.86
Jan-Jun 0.80 -- -- -- -- 33.75 -- -- -- -- 24.91 -- -- -- 0.03 0.07 8.38
2005 Jul-Dec 1.87 1.34 -- -- -- 12.67 -- -- -- 0.39 8.16 -- -- -- -- -- 6.98 Total 2.67 1.34 -- -- -- 46.42 -- -- -- 0.39 33.07 -- -- -- 0.03 0.07 15.36
Jan-Jun 3.92 -- -- -- -- 9.95 -- -- -- -- 17.53 -- -- -- -- -- 7.92
2006 Jul-Dec 2.17 5.37 -- -- -- 12.84 -- -- -- -- 26.93 -- --
-- -- -- 5.08 Total 6.09 5.37 -- -- -- 22.79 -- -- --
-- 44.46 -- -- -- -- -- 13.00
Jan-Jun 0.34 1.08 -- -- -- 15.95 -- -- -- 0.09 18.80 -- -- -- -- -- 13.13
2007 Jul-Dec 1.33 0.04 -- -- -- 20.66 -- -- -- 0.30 0.74 -- --
-- -- -- 5.54 Total 1.67 1.12 -- -- -- 36.61 -- -- --
0.39 19.54 -- -- -- -- -- 18.67
Jan-Jun 7.34 1.50 -- -- -- 6.03 -- -- -- 0.06 0.77 -- -- -- -- -- 16.55
2008 Jul-Dec 3.95 0.33 -- -- -- 51.12 -- -- -- 1.29 69.95 -- --
-- -- -- 15.12
Total 11.29 1.83 -- -- -- 57.15 -- -- -- 1.35 70.72 -- -- -- -- -- 31.67
Jan-Jun 1.72 0.70 -- -- 0.07 7.41 0.23 -- -- 1.25 9.20 -- -- -- -- -- 24.81
2009 Jul-Dec 6.27 2.28 -- -- -- 10.06 -- -- -- 1.74 34.64 -- 0.26
-- -- -- 24.81
Page 34 of 44
Total 7.99 2.98 -- -- 0.07 17.47 0.23 -- -- 2.99 43.84 -- 0.26 -- -- -- 49.62
Jan-Jun 32.68 2.06 -- -- -- 11.97 -- 5.09 -- 1.41 5.53 -- 1.53 -- -- -- 23.94
2010 Jul-Dec 10.51 -- -- -- 0.05 9.82 -- 4.74 -- 1.15 1.92 -- 1.56
-- -- -- 40.98
Total 43.19 2.06 -- -- 0.05 21.79 -- 9.83 -- 2.56 7.45 -- 3.09 -- -- -- 64.92
Jan-Jun 10.20 0.33 -- -- 0.05 25.23 0.03 2.67 0.02 -- 0.08 -- 3.97 0.02 -- -- 30.43
2011 Jul-Dec 15.54 2.98 -- -- 0.10 21.32 0.07 3.35 2.02 0.10 0.61 0.07 0.74
0.01 -- -- 86.32
Total 25.74 3.31 -- -- 0.15 46.55 0.10 6.02 2.04 0.10 0.69 0.07 4.71 0.03 -- -- 116.75
Jan-Jun 12.34 0.84 -- 0.01 1.93 10.04 0.20 2.64 0.73 -- 7.11 0.14 19.63 0.03 -- -- 33.38
2012 Jul-Dec 16.09 0.72 0.36 1.34 0.74 20.04 0.05 3.82 3.98 -- 240.24 0.47 0.95 0.12 -- -- 46.44 Total 28.43 1.56 0.36 13.5 2.67 30.08 0.25 6.46 4.71 -- 247.35
0.61 20.58 0.15 -- -- 79.82

Table V : Time Series Data on FDI Inflows by Countries (Contd.)

Page 35 of 44
Table V : Time Series Data on FDI Inflows by Countries (Concld.)
Page 36 of 44
(In million US$)

Page 37 of 44
Table VI: Time Series Data on FDI Stock by Sectors (Contd).*

* at book values in financial statements, which may differ from market value of stocks
Table VI : Time Series Data on FDI Stock by Sectors (Concld)*.
Page 38 of 44
(In million US$)

Period End of End of End of End of End of End of


December December December December
2007 2008 December 2009 December 2010 2011 2012
Sector
Agriculture & Fishing 40.71 52.89 65.57 68.60 120.66 224.41

Power, Gas & Petroleum 1740.57 1455.06 1487.88 1559.45 1510.47 1752.41

Power 364.84 251.66 271.01 309.89 345.91 308.19

Gas & Petroleum 1375.74 1203.40 1216.87 1249.56 1164.56 1444.22

Manufacturing 1086.70 1418.38 1889.17 2140.46 2261.51 3080.93

Food Products 150.93 104.20 225.46 230.16 213.81 213.88

Textiles & Wearing 543.94 923.99 1098.90 1284.31 1426.18 1829.33

Chemicals & Pharmaceuticals 36.51 40.16 64.10 66.63 100.79 146.07

Metal & Machinery Products 2.20 2.37 95.01 103.08 32.21 62.07

Vehicle & Transport


1.96 1.96 4.77 6.19 5.47 13.10
Equipment
Fertilizer 122.82 103.71 113.23 116.94 126.44 102.35

Cement 135.80 139.07 144.06 123.37 163.66 287.04

Leather & Leather Products 15.03 19.80 34.66 42.31 37.68 79.85

Other manufacturing 77.51 83.12 108.98 167.47 155.27 347.24

Construction -- -- 1.19 17.60 25.42 31.97

Trade & Commerce 744.93 811.14 921.44 1166.34 1310.70 1498.93

Trading 3.02 2.98 3.45 49.83 61.17 114.68

Banking 669.47 728.40 840.98 1023.69 1134.66 1292.02

Insurance 11.01 12.44 16.23 31.97 17.98 11.89

NBFI 61.43 67.32 60.78 60.85 96.89 80.34

Transport, Storage &


751.40 1048.01 829.76 958.20 766.45 955.07
Communication
Telecommunication 749.34 1045.96 827.76 955.76 763.48 953.72

Others 2.06 2.05 2.00 2.44 2.97 1.35

Services 34.35 30.44 83.80 161.32 170.51 204.48

Hotel & Restaurant 1.42 1.41 5.66 2.91 1.90 1.58

Clinical 0.63 0.62 3.60 4.33 1.44 0.79

Computer Software & IT 0.61 1.16 9.21 34.42 46.01 28.48

Other Service 31.69 27.25 65.33 119.66 121.16 173.63

Others 0.11 0.10 0.11 0.10 0.09 2.04

Page 39 of 44
Total FDI stock 4398.78 4816.02 5278.92 6072.07 6165.81 7750.24

* at book values in financial statements, which may differ from market value of stocks.

Table VII : Time Series Data on FDI Stock by Countries (Contd)*.

Page 40 of 44
* at book values in financial statements, which may differ from market value of stocks.

Page 41 of 44
Table VII : Time Series Data on FDI Stock by Countries (Contd)*.

* at book values in financial statements, which may differ from market value of stocks.

Page 42 of 44
Table VII : Time Series Data on FDI Stock by Countries (Contd)*.

Page 43 of 44
* at book values in financial statements, which may differ from market value of stocks.

Table VII : Time Series Data on FDI Stock by Countries (Contd)*.

Page 44 of 44
* at book values in financial statements, which may differ from market value of
stocks.

Page 45 of 44
Table VII : Time Series Data on FDI Stock by Countries (Contd)*.

Page 46 of 44
* at book values in financial statements, which may differ from market value of stocks.

Table VII : Time Series Data on FDI Stock by Countries (Concld)*.

Page 47 of 44
* at book values in financial statements, which may differ from market value of stocks.

Table VIII: Time series Stock Data on Private Sector External Debt (PSED)*

(In million US$)


As on Amount of Principal Outstanding

End of June' 2000 971.14

End of December'2000 946.27

End of June' 2001 902.38

End of December '2001 993.93

End of June' 2002 1086.57

End of December '2002 1129.24

End of June' 2003 1056.58

End of December '2003 1020.93

End of June' 2004 896.09

End of December '2004 903.41

End of June' 2005 996.39

End of December'2005 991.39

End of June' 2006 1104.90

End of December'2006 1160.22

End of June' 2007 1212.50

End of December' 2007 1346.40

End of June' 2008 1483.27

End of December' 2008 1599.20

End of June' 2009 1605.54

End of December' 2009 1688.46

End of June' 2010 1651.79

End of December' 2010 1527.36

Page 48 of 44
End of June' 2011 1584.50

End of December' 2011R 1575.40


R
End of June’2012 1552.45
R
End of December’2012 1789.15

* at book values in financial statements, which may differ from market value of stocks.

R
=Revised

Annexure 2: Survey Questionnaire

Page 49 of 44
Page 50 of 44
Page-1/4
w.e.f. - 01/07/2012

FORM: F I- 1
(Revised)
FORM -1: FOREIGN INVESTMENT IN BANGLADESH

Area Code :
(for internal use of Bangladesh Bank)

1. Name of the reporting enterprise / organization …………………………………………………………………………….


Company Code No. (for internal use of Bangladesh Bank)

2. Legal form of enterprise (Please tick one box only):


Company incorporated in Bangladesh A branch of an enterprise incorporated
abroad An unincorporated enterprise (Individual, sole trader) Unincorporated enterprise (partnership /
joint venture)

3. Nature of major business activities conducted in Bangladesh .................................................................................................


Purpose Code No. (for internal use of Bangladesh Bank)

4. Date of Implementation of the Enterprise :-

5. Factory Location :-

6. Address for Correspondence :-

7. Machinery and Equipment Imported during the reporting period :


Value As Capital Contribution
Machinery and Equipment Imported Date of Import (Taka in unit) (Yes/No)
a) By Foreign Investor
b) By Local Investor
b) By the Company

8. Total Foreign Equity Investment (as at the end of the reporting period)

(Taka in unit) ……………………........................................


(Should be equal to the sum of Equity Capital on page 3)

9. List names, countries & percentages of equity held by foreign direct investors:
Investor : (a)............................... Country : (a)......................... Equity (a) ........ % Type Code
(b)……………………. (b)……………..... (b) …… % (for internal use of B.B)
(c)……………………. (c)…………….......... (c) …… %
10. External Debt of the reporting enterprise (as at the end of the reporting period)

(Taka in unit) ………………........................................................................


(Should be equal to the sum of instrument no. 2, 3, 6 & 7 on page 3)

11. Total paid-up capital of the reporting enterprise (Taka in unit) …..................................…..
12. Banker's address ............................................................................................................ ............

Page 51 of 44
(Signature & Seal)

Page 52 of 44
Page 53 of 44
Page 54 of 44
Page-2/4
Form - 1(A): Claims on Nonresidents
Half -year ended:....................
(Taka in unit)
Country of
Investors Change in Position
Opening Closing
Product Position Position
Code No. Transactions
Instrument Type Code as on as on
(for
No. Internal Other
Name
use of / / Changes* / /
Increase Decrease Net
B.B)
A B C D E F G H = F-G I J = E+H+I

I. CLAIMS ON FOREIGN DIRECT INVESTORS (see Technical note) [ME COA Code- 2007]

1. Short Term
a) Loans 40201

b) Trade Credits 40202

c) Other debts (to be specified) 40299

2. Long Term

a) Loans 40301

b) Bonds and notes 40302

c) Other debts (to be specified) 40399

3. Other Claims (to be specified) 49999

II. CLAIMS ON OTHER NONRESIDENTS (see Technical note) [ME COA Code- 2008]

4. Short Term

a) Loans 40201

b) Trade Credits 40202

c) Other debts (to be specified) 40299

5. Long Term

a) Loans 40301

b) Bonds and notes 40302

c) Other debts (to be specified) 40399

6. Other Claims

a) Currency and deposits 49901

b) Others (to be specified) 49999

7. Total Claims (I+II)

Note: Please use additional sheets, if necessary.


* Other changes represent changes due to exchange rate and others

Page 55 of 44
(Signature & Seal)

Page 56 of 44
Page-3/4
Form - 1(B) : Liabilities to Nonresidents Half
-year ended:....................
(Taka in unit)
Country of Investors Opening Change in Position Closing
Product Position Position
Instrument Type Code as on Transactions as on
Code No.
No. Other
Name (for Internal
Changes*
use of B.B) / / Increase Decrease Net / /

A B C D E F G H = F-G I J = E+H+I

I. LIABILITIES TO FOREIGN DIRECT INVESTORS (see Technical note) [ME COA Code- 1006]
1. Equity Capital
a) Ordinary Shares 40101
b) Revaluation & Capital Reserves 40102

c) Share Money Deposits 40103

d) Reinvested Earnings/ Retained Profit 40104


e) Other Reserves 40105
2. Short Term
a) Loans 40201
b) Trade Credits 40202

c) Other debts (to be specified) 40299

3. Long Term
a) Loans 40301
b) Bonds and notes 40302
c) Other debts (to be specified) 40399

4. Other Liabilities (to be specified) 49999

II. LIABILITIES TO OTHER NONRESIDENTS (see Technical note) [ME COA Code- 1007]
5. Equity Securities
a) Ordinary Share 40401
b) Preference Shares 40402
c) Share Money Deposits 40403
d) Other 40499

6. Short Term
a) Loans 40201
b) Trade Credits 40202
c) Other debts (to be specified) 40299

7. Long Term
a) Loans 40301
b) Bonds and notes 40302
c) Other debts (to be specified) 40399

8. Other Liabilities
a) Currency and deposits 49901
b) Others (to be specified) 49999

9.Total Liabilities(I+II)
Note: Please use additional sheets, if necessary.
* Other changes represent changes due to exchange rate and others
Page 57 of 44
(Signature & Seal)

Page 58 of 44
Page-4/4
Form - 1(C): Operating Profit, Net Income and Remittances of the Reporting Enterprise During
the Half-year ending ……………………….

Table-1: Operating Profit and Net Income of the reporting enterprise


Total to all
ME COA shareholders Share attributable to Foreign Direct Investors (%)
Code No. of the (please specify country and percentage in the next Box)
enterprise
(Taka in unit) Country % Country % Country %

1. Profit before Tax 2151


2. Tax on profit 2152
3. Net profit after Tax (1-2) 2153
4. Provision for Dividend 2154
5. Provision for others (such as
Profit Repatriation…to be specified) 2155
6. Reinvested Earnings (3-4-5)* 3001
*Which equals to net transactions of product code no. 40104 of Form-1 (B) on page 3

Table-2: Inward remittances received by the reporting enterprise


Amount of Country from which remittance received by
ME COA Remittance Bangladesh (please specify with amount if no. of
Code No. (Taka in unit) remitting country is more than one )
Remittances received from abroad
a) Equity Investment 2131
b) Loan from Investor 2132
c) Loan from other non-residents 2133
d) Others (to be specified) 2128

Table-3: Outward remittances by the reporting enterprise


Amount of Remittance receiving country
ME COA Remittance (please specify with amount if remittance receiving
Code No. (Taka in unit) country is more than one )
Remittances paid to abroad
a) Profits/ Earnings 2100
b) Dividends 2101
c) Interests 2102
d) Technical fees 2103
e) Royalty fees 2104
f) Consultancy fees 2105
g) Repayment of loan principal 2137
h) Capital repatriation 2138
i) Others (to be specified) 2106

Signature: ..........................................
Date: / / Name:
Designation:
(Official seal)
Telephone No.:

Page 59 of 44
Note : Change in mailing address may please be notified promptly to : Deputy General Manager, Foreign Investment &
External Debt Division, Statistics Department, Bangladesh Bank, Head Office, Dhaka.

Page 60 of 44

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