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TATA GROUP EYES $US2 BN INVESTMENT IN BANGLADESH.

AsiaPulse News

| August 02, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

DHAKA, Aug 2 Asia Pulse - The Tata Group is looking for investments in Bangladesh's steel, power and fertiliser sectors worth $US2 billion, according to a media report.

Tata Group Chairman Ratan Tata is likely to visit the country in mid-August to discuss investment plans with top government leadership, including Prime Minister Khaleda Zia, the Financial Express newspaper reported.

His visit is aimed at getting the "ball rolling" on investment proposals.

The Tata Group has already submitted proposals to state-run Board of Investment for investing $US700 million in basic steel, another $US700 ...

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Source: HighBeam Research, TATA GROUP EYES $US2 BN INVESTMENT IN BANGLADESH.

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