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Bangladesh Investment Development Authority

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uuid0005pwv

Namestring
Bangladesh Investment Development Authority
Legal namestring
Bangladesh Investment Development Authority
Websiteurl
bida.gov.bd
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Bangladesh Investment Development Authority (BIDA) is the apex statutory investment promotion agency of the Government of Bangladesh, established in 2016 under the BIDA Act and operating under the Chief Adviser's Office. It serves foreign and domestic investors by consolidating 142 investor-facing services from 47 government agencies into a single digital interface, eliminating the multi-agency bureaucratic navigation that historically deterred capital deployment into Bangladesh. The authority processes project registrations, royalty payment approvals, outward remittance repatriation, trade licenses, and bank account openings on behalf of investors, with 918+ companies registered and 215,699 applications processed to date.

The agency's core technology consists of two integrated digital platforms. The BIDA One Stop Service (OSS) Portal, accessible at bidaquickserv.org, aggregates time-bound investor services from 52 partner institutions including four commercial banks (Rupali Bank, Dhaka Bank, Bank Asia, Bengal Commercial Bank) and seven city corporations. BanglaBiz Phase 2, developed in partnership with JICA and launched September 2025, is a unified digital gateway integrating five critical business approvals and enabling 3-day company registration via a unique business identifier (BBID). Complementary tools include the FDI Heatmap (launched January 2025) covering 19 sectors for targeted investment promotion, and sector profiles spanning 16+ industries from readymade garments to shipbuilding.

BIDA is government-funded and does not generate commercial revenue; service fees for approvals and registrations are nominal and not publicly disclosed. Its business model is to reduce investment friction as a public good — compressing royalty approval processing from two months to 7-10 days, digitizing outward remittance repatriation with a 7-day SLA, and coordinating with partner agencies BEZA, BEPZA, and PPPA (which is being merged into BIDA) to deliver a unified investor experience. Go-to-market combines a self-serve digital portal with enterprise field sales through overseas investment offices (first in China), bilateral investment forums, and webinars targeting institutional investors and multinational corporations.

Short descriptiontext

Bangladesh Investment Development Authority (BIDA) is the apex government investment promotion agency that serves foreign and domestic investors through a digital One Stop Service portal integrating 142 services from 47 government agencies, enabling streamlined approvals, 3-day company registration, and targeted investment promotion across 19 sectors.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersDhaka, Bangladesh
HQ citystring
Dhaka
HQ countrystring
Bangladesh
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
investment promotion services, investor facilitation, one stop service, foreign direct investment, government approvals portal
SIC code1 code
  • Foreign Governments8888
Product category
Investment Promotion Services
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Investment Promotion Services
TypeProfessional Services
Description

BIDA provides government-backed investment facilitation services to foreign and domestic investors. Revenue is generated through service fees for various approvals, registrations, and processing of investor applications through the OSS portal.

bida.gov.bd
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Bangladesh Investment Development Authority (BIDA) is the apex investment promotion agency of the Government of Bangladesh, providing investor facilitation services through its One Stop Service (OSS) digital portal that aggregates 142 services from 47 government agencies. It enables foreign and domestic investors to register companies, obtain trade licenses, process royalty payments, and access business approvals online. BIDA also conducts targeted investment promotion through events, sector profiles, and its FDI Heatmap tool covering 19 sectors.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • FDI recovered to $1.77 billion in 2025
+2 more records
Product overview1 text field

BIDA (Bangladesh Investment Development Authority) is the apex investment promotion agency of the Government of Bangladesh under the Chief Adviser's Office. Its product portfolio consists primarily of digital service platforms rather than traditional software products. The core offering is the BIDA One Stop Service (OSS) Portal, which aggregates time-bound investor services from 47 government agencies into a single online platform. Complementing the OSS is BanglaBiz (Phase 2), a JICA-partnered unified digital gateway integrating five critical business approvals with a unique business identifier (BBID), enabling 3-day company registration. BIDA also offers an FDI Heatmap tool for targeted investment mapping across 19 sectors, alongside sector-specific profiles covering over 16 industries. Together, these platforms process investor-facing services including project registration, royalty payment approvals, outward remittance repatriation, and trade license issuance, covering 142 services from 52 partner institutions.

Product and service3 records
1BIDA One Stop Service (OSS) Portal
CategoryDigital Service Platform
Description

An online platform providing time-bound and transparent investor services from 47 government agencies in a single interface, enabling investors to access services such as opening bank accounts, obtaining trade licenses, and processing royalty payments digitally.

2BanglaBiz Phase 2 Portal
CategoryDigital Service Platform
Description

A unified digital portal developed in partnership with JICA that integrates multiple critical business approvals into a single application, enabling company registration in three working days and consolidating services including environmental clearances, VAT registration, and import/export certificates under a unique business identifier (BBID).

3BIDA FDI Heatmap
CategoryInvestment Intelligence Tool
Description

A data-driven framework mapping 19 sectors and sub-segments where Bangladesh holds a competitive edge, identifying priority countries, regions, and anchor investors for strategic investment promotion.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership18 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-19
Description

One of four banks integrating with BIDA's OSS portal to enable investors to open bank accounts online through the single platform

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-19
Description

Bank integrating with BIDA's OSS portal for online account opening services for investors

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-19
Description

Bank integrating with BIDA's OSS portal to provide banking services through the single investment window

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-19
Description

Bank integrating with BIDA's OSS portal for investor banking services

Strategic tierCoreTypeTechnology or Integration
Description

Strategic partner in developing BanglaBiz Phase 2 portal and supporting digital transformation of investment services

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnering in FDI Heatmap development providing insights on critical sectors and investment opportunities

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Contributing expertise to FDI Heatmap initiative mapping Bangladesh's competitive advantages

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Banking partner contributing to FDI Heatmap development initiative

Strategic tierMinorTypeStrategic or Co-development Partner
Description

International bank contributing financial sector expertise to FDI Heatmap initiative

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Professional services firm providing analysis for FDI Heatmap development

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Consulting partner for strategic analysis in FDI Heatmap development

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Advisory partner contributing to investment promotion analysis

Strategic tierCoreTypeStrategic or Co-development Partner
Description

World Bank arm providing investment climate expertise for FDI Heatmap development

Strategic tierMinorTypeGTM or Marketing Partner
Description

Japanese trade organization supporting investment promotion efforts

Strategic tierMinorTypeGTM or Marketing Partner
Description

Korean investment promotion agency collaborating on FDI initiatives

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Government body being merged with BIDA as part of investment agency consolidation reforms

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Coordinating on investment facilitation for economic zones with shared Executive Chairman Ashik Chowdhury

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Coordinating on investment in export processing zones

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
1Vietnam Investment Promotion Agency (IPA Vietnam)
TypeDirect peer
Description

Vietnam's national investment promotion body under the Ministry of Planning and Investment. Comparable to BIDA as a competing South/Southeast Asian investment promotion agency targeting FDI in manufacturing and export-oriented sectors.

TypeDirect peer
Description

Rwanda's integrated investment promotion and economic development agency offering one-stop services for business registration and licensing. Comparable to BIDA in acting as a unified, reform-minded government platform competing for FDI in a developing economy.

TypeDirect peer
Description

Thailand's primary investment promotion authority offering tax incentives, one-stop services, and sector-based promotion. Directly comparable to BIDA as an Asian investment promotion agency with a sector-targeted, incentive-driven approach and a unified investor-services platform.

TypeDirect peer
Description

India's national investment promotion and facilitation agency, established under the Ministry of Commerce and Industry. Direct peer to BIDA: both are apex government agencies that consolidate investment approvals, run digital single-window platforms, and target FDI across priority sectors in South Asia.

5Philippine Board of Investments (BOI)
TypeDirect peer
Description

The Philippines' primary investment promotion agency within the Department of Trade and Industry. Comparable to BIDA as a government-led agency targeting FDI through sector incentives, registration services, and aftercare support.

TypeDirect peer
Description

Malaysia's principal investment promotion agency under the Ministry of Investment, Trade and Industry. Comparable to BIDA in providing one-stop facilitation, sector targeting, and incentive frameworks for foreign investors.

TypeDirect peer
Description

Saudi Arabia's investment licensing and promotion authority (formerly SAGIA). Comparable to BIDA as a national-level agency focused on FDI attraction, investor licensing, and sector-driven promotion in an emerging market.

TypeDirect peer
Description

Japan's government-affiliated trade and investment promotion organization that supports inward FDI and Japanese companies' overseas expansion. Comparable to BIDA as an investment promotion organization and an existing BIDA partner for joint investor outreach.

TypeBroad incumbent
Description

The UK government's lead department for investment promotion, trade policy, and business growth. Broader incumbent comparable to BIDA in function but operating within a mature economy with a far larger institutional footprint and remit beyond investment promotion.

TypeDirect peer
Description

Indonesia's central investment coordination agency responsible for promoting and facilitating domestic and foreign investment. Direct peer to BIDA in role, mandate, and function within a competing Southeast Asian FDI destination.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Bangladesh Investment Development Authority

Investment Promotion Servicesbida.gov.bd

Bangladesh Investment Development Authority (BIDA) is the apex government investment promotion agency that serves foreign and domestic investors through a digital One Stop Service portal integrating 142 services from 47 government agencies, enabling streamlined approvals, 3-day company registration, and targeted investment promotion across 19 sectors.

What Bangladesh Investment Development Authority does

Bangladesh Investment Development Authority (BIDA) is the apex statutory investment promotion agency of the Government of Bangladesh, established in 2016 under the BIDA Act and operating under the Chief Adviser's Office. It serves foreign and domestic investors by consolidating 142 investor-facing services from 47 government agencies into a single digital interface, eliminating the multi-agency bureaucratic navigation that historically deterred capital deployment into Bangladesh. The authority processes project registrations, royalty payment approvals, outward remittance repatriation, trade licenses, and bank account openings on behalf of investors, with 918+ companies registered and 215,699 applications processed to date.

The agency's core technology consists of two integrated digital platforms. The BIDA One Stop Service (OSS) Portal, accessible at bidaquickserv.org, aggregates time-bound investor services from 52 partner institutions including four commercial banks (Rupali Bank, Dhaka Bank, Bank Asia, Bengal Commercial Bank) and seven city corporations. BanglaBiz Phase 2, developed in partnership with JICA and launched September 2025, is a unified digital gateway integrating five critical business approvals and enabling 3-day company registration via a unique business identifier (BBID). Complementary tools include the FDI Heatmap (launched January 2025) covering 19 sectors for targeted investment promotion, and sector profiles spanning 16+ industries from readymade garments to shipbuilding.

BIDA is government-funded and does not generate commercial revenue; service fees for approvals and registrations are nominal and not publicly disclosed. Its business model is to reduce investment friction as a public good — compressing royalty approval processing from two months to 7-10 days, digitizing outward remittance repatriation with a 7-day SLA, and coordinating with partner agencies BEZA, BEPZA, and PPPA (which is being merged into BIDA) to deliver a unified investor experience. Go-to-market combines a self-serve digital portal with enterprise field sales through overseas investment offices (first in China), bilateral investment forums, and webinars targeting institutional investors and multinational corporations.

Bangladesh Investment Development Authority firmographics

Firmographics
Name
Bangladesh Investment Development Authority
Legal name
Bangladesh Investment Development Authority
Website
https://bida.gov.bd
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Bangladesh Investment Development Authority (BIDA) is the apex government investment promotion agency that serves foreign and domestic investors through a digital One Stop Service portal integrating 142 services from 47 government agencies, enabling streamlined approvals, 3-day company registration, and targeted investment promotion across 19 sectors.
Ownership category
akta.pro rank

Where Bangladesh Investment Development Authority is headquartered

Location

Headquarters

HQ city
Dhaka
HQ country
Bangladesh
HQ region
Asia

Offices1 record

Markets served

Bangladesh Investment Development Authority business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Investment Promotion Services: BIDA provides government-backed investment facilitation services to foreign and domestic investors. Revenue is generated through service fees for various approvals, registrations, and processing of investor applications through the OSS portal.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Bangladesh Investment Development Authority product offering

Product offering

Core offering

Bangladesh Investment Development Authority (BIDA) is the apex investment promotion agency of the Government of Bangladesh, providing investor facilitation services through its One Stop Service (OSS) digital portal that aggregates 142 services from 47 government agencies. It enables foreign and domestic investors to register companies, obtain trade licenses, process royalty payments, and access business approvals online. BIDA also conducts targeted investment promotion through events, sector profiles, and its FDI Heatmap tool covering 19 sectors.

Product overview

BIDA (Bangladesh Investment Development Authority) is the apex investment promotion agency of the Government of Bangladesh under the Chief Adviser's Office. Its product portfolio consists primarily of digital service platforms rather than traditional software products. The core offering is the BIDA One Stop Service (OSS) Portal, which aggregates time-bound investor services from 47 government agencies into a single online platform. Complementing the OSS is BanglaBiz (Phase 2), a JICA-partnered unified digital gateway integrating five critical business approvals with a unique business identifier (BBID), enabling 3-day company registration. BIDA also offers an FDI Heatmap tool for targeted investment mapping across 19 sectors, alongside sector-specific profiles covering over 16 industries. Together, these platforms process investor-facing services including project registration, royalty payment approvals, outward remittance repatriation, and trade license issuance, covering 142 services from 52 partner institutions.

Differentiator

Problem solved

Functional benefit

Products and services

  • BIDA One Stop Service (OSS) Portal An online platform providing time-bound and transparent investor services from 47 government agencies in a single interface, enabling investors to access services such as opening bank accounts, obtaining trade licenses, and processing royalty payments digitally.
  • BanglaBiz Phase 2 Portal A unified digital portal developed in partnership with JICA that integrates multiple critical business approvals into a single application, enabling company registration in three working days and consolidating services including environmental clearances, VAT registration, and import/export certificates under a unique business identifier (BBID).
  • BIDA FDI Heatmap A data-driven framework mapping 19 sectors and sub-segments where Bangladesh holds a competitive edge, identifying priority countries, regions, and anchor investors for strategic investment promotion.

Quantifiable outcome

  • FDI recovered to $1.77 billion in 2025
  • +2 more outcomes

Companies that use Bangladesh Investment Development Authority

Customer profile

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Bangladesh Investment Development Authority technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Bangladesh Investment Development Authority partnerships and signals

Strategic signal

Partnerships

18 partnerships are on record, tiered core and minor.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Bangladesh Investment Development Authority competitors and assessment

Company assessment

Direct peers

  • Vietnam Investment Promotion Agency (IPA Vietnam): Vietnam's national investment promotion body under the Ministry of Planning and Investment. Comparable to BIDA as a competing South/Southeast Asian investment promotion agency targeting FDI in manufacturing and export-oriented sectors.
  • Rwanda Development Board (RDB): Rwanda's integrated investment promotion and economic development agency offering one-stop services for business registration and licensing. Comparable to BIDA in acting as a unified, reform-minded government platform competing for FDI in a developing economy.
  • Thailand Board of Investment (BOI): Thailand's primary investment promotion authority offering tax incentives, one-stop services, and sector-based promotion. Directly comparable to BIDA as an Asian investment promotion agency with a sector-targeted, incentive-driven approach and a unified investor-services platform.
  • Invest India: India's national investment promotion and facilitation agency, established under the Ministry of Commerce and Industry. Direct peer to BIDA: both are apex government agencies that consolidate investment approvals, run digital single-window platforms, and target FDI across priority sectors in South Asia.
  • Philippine Board of Investments (BOI): The Philippines' primary investment promotion agency within the Department of Trade and Industry. Comparable to BIDA as a government-led agency targeting FDI through sector incentives, registration services, and aftercare support.
  • Malaysia Investment Development Authority (MIDA): Malaysia's principal investment promotion agency under the Ministry of Investment, Trade and Industry. Comparable to BIDA in providing one-stop facilitation, sector targeting, and incentive frameworks for foreign investors.
  • Saudi Arabia General Investment Authority (MISA): Saudi Arabia's investment licensing and promotion authority (formerly SAGIA). Comparable to BIDA as a national-level agency focused on FDI attraction, investor licensing, and sector-driven promotion in an emerging market.
  • Japan External Trade Organization (JETRO): Japan's government-affiliated trade and investment promotion organization that supports inward FDI and Japanese companies' overseas expansion. Comparable to BIDA as an investment promotion organization and an existing BIDA partner for joint investor outreach.
  • Indonesia Investment Coordinating Board (BKPM): Indonesia's central investment coordination agency responsible for promoting and facilitating domestic and foreign investment. Direct peer to BIDA in role, mandate, and function within a competing Southeast Asian FDI destination.

Broad incumbents

  • UK Department for Business and Trade (DBT): The UK government's lead department for investment promotion, trade policy, and business growth. Broader incumbent comparable to BIDA in function but operating within a mature economy with a far larger institutional footprint and remit beyond investment promotion.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Bangladesh Investment Development Authority social profiles

Digital presence

Bangladesh Investment Development Authority financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Bangladesh Investment Development Authority leadership team

Management profile

Number of profiles

Profiles2 records

Bangladesh Investment Development Authority subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Bangladesh Investment Development Authority funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Bangladesh Investment Development Authority M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bangladesh Investment Development Authority

What does Bangladesh Investment Development Authority do?

Bangladesh Investment Development Authority (BIDA) is the apex investment promotion agency of the Government of Bangladesh, providing investor facilitation services through its One Stop Service (OSS) digital portal that aggregates 142 services from 47 government agencies. It enables foreign and domestic investors to register companies, obtain trade licenses, process royalty payments, and access business approvals online. BIDA also conducts targeted investment promotion through events, sector profiles, and its FDI Heatmap tool covering 19 sectors.

Is Bangladesh Investment Development Authority a public or private company?

Bangladesh Investment Development Authority is a private company. It is classified as state government owned and is currently operating.

When was Bangladesh Investment Development Authority founded?

Bangladesh Investment Development Authority was founded in 2016. It employs 501 to 1,000 people.

Where is Bangladesh Investment Development Authority based?

Bangladesh Investment Development Authority is headquartered in Dhaka, Bangladesh, in the Asia region.

How does Bangladesh Investment Development Authority make money?

One revenue line is on record: investment Promotion Services.

Who are Bangladesh Investment Development Authority's main competitors?

Direct peers on record are Vietnam Investment Promotion Agency (IPA Vietnam), Rwanda Development Board (RDB), Thailand Board of Investment (BOI), Invest India, Philippine Board of Investments (BOI), Malaysia Investment Development Authority (MIDA), Saudi Arabia General Investment Authority (MISA), Japan External Trade Organization (JETRO) and Indonesia Investment Coordinating Board (BKPM). UK Department for Business and Trade (DBT) is listed as a broad incumbent.

Does Bangladesh Investment Development Authority have an API?

No public API is recorded for Bangladesh Investment Development Authority.

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Live signals
The Business StandardBangladesh investment climate reforms recognised at Unctad commissionBangladesh's investment climate reforms were highlighted as a model at Unctad's 16th session in Geneva. The country's net FDI rose 39.36% to $1.77 billion in 2025, and Unctad cited Bangladesh among least developed economies receiving greenfield investment. Bangladesh merged three investment authorities into Invest Bangladesh to streamline facilitation.B2B MarketplaceInvest Bangladesh begins operations as unified investor platformBangladesh has begun operations of Invest Bangladesh, a national investment promotion authority created under the Invest Bangladesh Act, 2026, which merges the Bangladesh Investment Development Authority, Bangladesh Economic Zones Authority and Public-Private Partnership Authority under the Prime Minister's Office. The body is developing a 14-day business licensing framework and will publish a progress report within 180 days.Future StartupOne Agency, Old Bottlenecks: Can Invest Bangladesh Break the Pattern?On August 20, 2026, Bangladesh's government brought the Invest Bangladesh Act into force, merging BIDA, BEZA, and PPPA into a single agency under the Prime Minister's Office. The reform aims to raise FDI from $1.7 billion to $15 billion by 2030, but critics note it lacks authority over downstream approvals. Implementation is gradual, with legacy agencies continuing to function.United News BangladeshAshik Chowdhury appointed Chairman of newly formed Invest BangladeshThe government appointed Chowdhury Ashik Mahmud Bin Harun as chairman of the newly formed Invest Bangladesh Authority on a one-year contractual basis. He previously served as chairman of BIDA, and the authority was created by merging BIDA, BEZA, and PPPA. The appointment takes immediate effect.United News BangladeshInvest Bangladesh begins journey as apex investment promotion agencyInvest Bangladesh began operations on Sunday after the gazette notification under the Invest Bangladesh Act, 2026. The agency merged BIDA, BEZA, and PPPA to serve as the country's apex investment promotion agency under the Prime Minister's Office. It will implement a 14-day business licensing framework and publish a progress report before its 180-day reform period ends.WikipediaDraft:"Bangladesh First": A Foreign Policy of the Tarique Rahman administration: Difference between revisionsBangladesh's Prime Minister Tarique Rahman visited China in June 2026, resulting in the signing of 17 memoranda of understanding focused on port development, economic corridors, and investment zones. The agreements include establishing dedicated Chinese economic zones and a new overseas office for the Bangladesh Investment Development Authority (BIDA) to facilitate Chinese value chain expansion.The Business StandardGas crisis, bureaucratic hurdles holding back foreign investment: BKMEA chiefMohammad Hatem, president of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), urged the government to resolve gas shortages and bureaucratic hurdles that are deterring foreign investment in the textile sector. He highlighted specific barriers identified by investors, including energy instability and excessive certification requirements, while calling for streamlined approvals through the Bangladesh Investment Development Authority. The association is seeking targeted incentives to attract Chinese and Japanese capital into backward linkage industries such as man-made fibre production.The Business StandardNew policy planned to boost SME participation in exportsThe Bangladesh government has initiated a policy to directly integrate small and medium enterprises (SMEs) into the export system through a new committee coordinated by the Bangladesh Investment Development Authority (Bida). This strategy aims to connect SME entrepreneurs with large exporting companies, thereby supporting the national goal of raising annual export earnings to $100 billion by 2030. The initiative seeks to address current financing and capacity barriers that prevent most SMEs from accessing global markets directly.The Business Standard5-year tax policy to reassure investors on policy continuity: Bida chiefThe Bangladesh government announced a five-year tax policy roadmap in its annual budget intended to reassure local and foreign investors about its commitment to policy continuity, Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun said on 6 August 2026.The Business StandardIndustry database being built to support investment-friendly policymaking: BidaThe Bangladesh Investment Development Authority (Bida) is building a comprehensive industry database with support from the Asian Development Bank and the South Asian Network on Economic Modeling, aimed at improving the country's investment climate and supporting evidence-based policymaking. The initiative, discussed at a workshop in Khulna on July 16, seeks to address fragmented investment data scattered across institutions and will be integrated with Bida's "One Stop Service" portal. Participants highlighted persistent business challenges including licensing delays, electricity shortages, and high lending rates that need to be addressed alongside the database development.