Bangladesh Investment Development Authority

Bangladesh Investment Development Authority (Bengali: বাংলাদেশ বিনিয়োগ উন্নয়ন কর্তৃপক্ষ; BIDA)is Bangladesh government agency responsible for encouraging and facilitating private investment in Bangladesh.[1][2] The chairman of the authority is Mohammed Sirazul Islam.[3]

History

The Bangladesh Investment Development Authority was formed by the government of Bangladesh on 1 September 2016.[4] It was formed through the Bangladesh Investment Development Authority Act.[5] The authority was formed through the merger of Board of Investment and Privatisation Commission.[6] The authority has a 17-member governing body with the Prime Minister of Bangladesh as the chairman and the Finance Minister as the vice chairman.[7]

References
  1. "How to 'empower' economic growth". The Daily Star. 4 April 2017. Retrieved 5 April 2017.
  2. "Empowering BIDA with more authority". The Financial Express Online Version. Retrieved 5 April 2017.
  3. "One-Stop Service within six months, says BIDA chief". The Financial Express Online Version. Retrieved 5 April 2017.
  4. "BIDA Functions (BIDA)". bida.gov.bd. Bangladesh Investment Development Authority. Archived from the original on 9 March 2017. Retrieved 5 April 2017.
  5. "Call to ensure One-Stop Services to draw investment". Dhaka Tribune. 8 March 2017. Retrieved 5 April 2017.
  6. "Commerce minister moves to help BIDA make Bangladesh investment-friendly". bdnews24.com. Retrieved 5 April 2017.
  7. "New agency starts journey to boost investment". The Daily Star. 2 September 2016. Retrieved 5 April 2017.


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