BIDA seeks reforms in 24 sectors

Bangladesh Investment Development Authority (BIDA) has laid emphasis on reforms in 24 sectors to ensure high standard business environment for the investors in the country.

The investment development authority revealed this at a ‘Post Event Workshop’ on Monday night at a hotel in the city, it said in a statement on Tuesday.

The authority organized the workshop for highlighting the implementation of the investment announcements and the recommendations for the development of an investment-friendly environment made at the International Investment Summit 2021 held in November last year.

Based on the recommendations from investors at the international investment summit, BIDA will send the proposals to the Prime Minister’s Office.

Commerce Minister Tipu Munshi was the chief guest at the event, while Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahman and Prime Minister’s Principal Secretary Dr Ahmad Kaikaus were present as special guests.

In his speech, Tipu said, “We have got many recommendations, including forming a time-bound action plan, from investors. We will work on those.”

“We are now updating and modernising investment policies. The government is offering all required benefits to boost investments,” he also said.