A high level delegation of the group, led by its Managing Director VK Mittal, arrives in Dhaka today on a two-day visit to formally place a $ 2.8 billion investment offer before the caretaker government.

The Mittal Group is one of the largest business conglomerates in both India and the United Kingdom (UK) with $ 28 billion investment in 27 countries across four continents--Europe, Asia, Africa and America.

The group has already expressed its keen interest to invest in different sectors in Bangladesh through its local agent GRH Bangladesh Limited, which is now arranging the visit of the industrial giant's top executives.

The sectors included in the group's investment plan are energy, power generation, coalmine development, and production of ethylene dichloride, caustic soda, LPG (C3) LPG (C4) and hydrogen.

The investment in energy sector, particularly in gas exploration and power generation, will get top priority if the group is given a chance to invest in Bangladesh, Syed G Dastagir Nishad, chairman of GRH Limited, the local agent of Mittal Group, told the news agency.

He said the Mittal Group is set to sign a memorandum of understanding (MoU) with the Board of Investment (BoI) seeking to materialise its investment plan and explore business in Bangladesh.

During its stay in the capital, delegation chief VK Mittal, who leads the Global Oil and Energy of the Mittal Group, is expected to call on President Iajuddin Ahmed, Chief Adviser Fakhruddin Ahmed, Army Chief General Moeen U Ahmed, Energy Adviser Tapan Chowdhury and some influential policymakers of the government.

After its merger with Europe's top steel manufacturer Arcelor, the Mittal Group's ArcelorMittal became the world's number one steel producer with 320,000 employees in more than 60 countries.