Investment Promotion Agency (IPA)

Bangladesh Investment Development Authority (BIDA)

Established under Bangladesh Investment Development Authority (BIDA) Act 2016, the Bangladesh Investment Development Authority (BIDA) is the principal private investment promotion and facilitation agency of Bangladesh.

The act is created on September 01, 2016.The act mandated BIDA for providing diversified promotional and facilitating services with a view to accelerating industrial development of the country. In addition, the government also entrusted BIDA with some more functions in its service list. Combining all, BIDA’s present functions can be categorized as follows:

  • Pre-investment information and counseling service.
  • Investor welcome service (faster immigration).
  • Registration/approval of foreign, joint-venture and local project.
  • Registration/approval of branch/liaison/representative offices.
  • Approving work permit for the foreign nationals.
  • Facilitating utility connections (electricity, gas, water & sewerage, telecom etc.).
  • Assistance in obtaining industrial plots.
  • Approving remittance of royalty, technical know-how and technical assistance fees.
  • Facilitating import of capital machinery & raw materials.
  • Approving foreign loan suppliers’ credit, PAYE scheme etc.

Last updated: 6 months ago

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Bangladesh Economic Zones Authority (BEZA)

Bangladesh Economic Zones Authority (BEZA) has been emerged by the Bangladesh Economic Zones Act, 2010, the Bangladesh Economic Zones Authority (BEZA) was officially instituted by the government on 9 November 2010. BEZA aims to establish economic zones in all potential areas in Bangladesh including backward and underdeveloped regions with a view to encouraging rapid economic development through increase and diversification of industry, employment, production and export’.

Last updated: 6 months ago

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Bangladesh Export Processing Zones Authority (BEPZA)

In order to stimulate rapid economic growth of the country, particularly through industrialization, the government has adopted an 'Open Door Policy' to attract foreign investment to Bangladesh. The BEPZA is the official organ of the government to promote, attract and facilitate foreign investment in the EPZs. Besides, BEPZA as the competent Authority performs inspection & supervision of the compliances of the enterprises related to social & environmental issues, safety & security at work place in order to maintain harmonious labour-management & industrial relations in EPZs. The primary objective of an EPZ is to provide special areas where potential investors would find a congenial investment climate free from cumbersome procedures.

Last updated: 6 months ago

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Bangladesh Hi-Tech Park Authority

Bangladesh Hi-tech Park Authority (BHTPA) is a government agency in Bangladesh dedicated to establish, manage and operate technology business parks throughout the country. 

Last updated: 6 months ago

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