AmCham targets $5bn fresh US investment in Bangladesh over five years

The American Chamber of Commerce in Bangladesh (AmCham) aims to facilitate and mobilise a further $5 billion in investment in Bangladesh over the next five years, as US businesses seek to expand their presence in the country.

The commitment was made during a meeting at the Secretariat on Tuesday between Prime Minister Tarique Rahman and AmCham’s executive committee, led by its president Syed Mohammad Kamal.

AmCham said its member companies have already invested more than $5 billion in Bangladesh over the years, with significant potential for further investment. It sought government support in creating an environment that would allow the chamber to achieve the additional investment target.

The chamber welcomed the government’s recent efforts to improve the business environment, including time-bound approvals and licensing, implementation of a Single Window system, digital tax and VAT administration, simplified customs procedures and easier capital and profit repatriation.

But it stressed that long-term policy predictability, reliable infrastructure and energy, and efficient tax and customs administration would be crucial to attracting and retaining investment.

AmCham also described the framework for the US-Bangladesh Reciprocal Trade Agreement as a strategic opportunity to deepen economic ties between the two countries and strengthen Bangladesh’s position in global value chains.

The chamber said the relationship should extend beyond market access to sectors including technology, artificial intelligence, cloud computing and cybersecurity, healthcare, renewable energy, advanced manufacturing and financial-sector modernisation.

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