Bangladesh Investment Development Authority (BIDA)
Bangladesh Investment Development Authority (BIDA). They are the apex investment promotion agency of Bangladesh, and recently organized a two-day investor summit that witnessed large-scale participation from across the globe. They have attached noteworthy highlights from the event for your reference.
The summit marked an important milestone in Bangladesh and BIDA’s attempts to rightly showcase the country as an attractive investment destination. It led to a total of 2.7 billion USD worth of investments commitments being made in areas ranging from cement manufacturing and power generation to port construction and renewable energy. From the initial welcome session to a series of sectoral discussion sessions spread over two days, the doyens of industry, administration, and government shared their views on Bangladesh’s phenomenal rise and the immense opportunities it presents. During the summit, Hon’ble PM Sheikh Hasina reiterated her government’s resolve to provide all possible policy support to investors. The country has identified 11 sectors of potential and profitable opportunities. These are infrastructure, capital markets, financial services, information technology, electronics manufacturing, leather, automotive and light engineering, agro-products and food processing, healthcare and medicine, jute-textiles, and blue-economy.
Bangladesh is often described as the land of untapped opportunities. The country enjoys stunning economic record, highly adaptive & competitive workforce and several potential industrial sectors. BIDA assist investors through proactive policy supports and facilitating business environment which are the preconditions for successful investment. They are understand that it is imperative for the investors to have prior understanding on the incentives and procedures for investment in Bangladesh. A compilation of such information is of paramount importance for our the potential investors. To assist you with all the information required to start and operate a business in Bangladesh we are also enclosing Bangladesh Investor Handbook for your kind reference
Investment Handbook BIDA Summit Highlights List of Contact Persons