Economy

Bida brings more services online for investors

Five more services have been added to the One Stop Service (OSS) portal of the Bangladesh Investment Development Authority (Bida). 

One of the services is related to the land ministry, the Dhaka Water Supply and Sewerage Authority, and the Rajdhani Unnayan Kartripakkha, while two are related to the Fire Service and Civil Defence Directorate, according to a press release.

Land Minister Saifuzzaman Chowdhury launched the services at a programme organised by the Bida at its conference room in the capital's Agargaon.

Now, investors will get a total of 63 services through the OSS system, including 18 services provided by the Bida and 45 services delivered by 22 other agencies, said Lokman Hossain Mia, executive chairman of the Bida.

As a result, investors will get a lot of services from the conveniences of their homes and offices very quickly and at a lower cost, he said.

Thanks to the OSS, various obstacles in setting up industries will be removed and it will be easy to take initiative to set up factories, Saifuzzaman Chowdhury said.

He stated that the cost of doing business has been reduced due to the OSS.

"The OSS has brought about a fundamental change in creating an investment-supporting environment in Bangladesh," said the minister, adding that this has also reduced the scope for corruption and created greater interest among investors to make investments.

Mohammad Mezbah Uddin Chowdhury, secretary of the Local Government Division, Md Mostafizur Rahman, land secretary, Md Abdullah Al Masud Chowdhury, secretary of the Security Services Division, and Kazi Wasi Uddin, housing and public works secretary, addressed the programme, among others.

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Bida brings more services online for investors

Five more services have been added to the One Stop Service (OSS) portal of the Bangladesh Investment Development Authority (Bida). 

One of the services is related to the land ministry, the Dhaka Water Supply and Sewerage Authority, and the Rajdhani Unnayan Kartripakkha, while two are related to the Fire Service and Civil Defence Directorate, according to a press release.

Land Minister Saifuzzaman Chowdhury launched the services at a programme organised by the Bida at its conference room in the capital's Agargaon.

Now, investors will get a total of 63 services through the OSS system, including 18 services provided by the Bida and 45 services delivered by 22 other agencies, said Lokman Hossain Mia, executive chairman of the Bida.

As a result, investors will get a lot of services from the conveniences of their homes and offices very quickly and at a lower cost, he said.

Thanks to the OSS, various obstacles in setting up industries will be removed and it will be easy to take initiative to set up factories, Saifuzzaman Chowdhury said.

He stated that the cost of doing business has been reduced due to the OSS.

"The OSS has brought about a fundamental change in creating an investment-supporting environment in Bangladesh," said the minister, adding that this has also reduced the scope for corruption and created greater interest among investors to make investments.

Mohammad Mezbah Uddin Chowdhury, secretary of the Local Government Division, Md Mostafizur Rahman, land secretary, Md Abdullah Al Masud Chowdhury, secretary of the Security Services Division, and Kazi Wasi Uddin, housing and public works secretary, addressed the programme, among others.

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