BUILD, Business New Zealand ink deal

Business Initiative Leading Development (BUILD) and Business New Zealand (BusinessNZ) Friday signed a Memorandum of Understanding (MOU) with the assistance of New Zealand Trade & Enterprise (NZTE): Government to Government (G2G) Partnership Office.

This link opens up new doors for identifying regulatory barriers to private sector investment in the country and striving to eliminate such barriers finding out simplified and transparent business processes and practices, said a statement.

BusinessNZ will provide inputs to Bangladesh Government and private sector through BUILD in regard to steps for automation, trade facilitation, alignment with SDG goals and required regulatory reform needed for this purpose that can contribute to Doing Business Ranking of Bangladesh.

Under this MOU, BusinessNZ and BUILD will prepare the stage for productive public private dialogue and meaningful dialogues to share and raise voice of the private sector to the concerned for ease of doing business and eventually improve ranking of Bangladesh in this respect.

The Chief Executive Officer of BusinessNZ Kirk Hope and BUILD Chairman Nihad Kabir signed the MOU.

BusinessNZ is New Zealand's largest business advocacy body committed to New Zealand's success - sustainable growth through free enterprise and advocates for enterprise and promoting the voice of thousands of businesses across New Zealand, and works for positive change through new thinking, productivity and innovation.

The purpose of this Memorandum of Understanding is to establish a professional network, strengthen cooperation and enable exchange of information, conduct of research and policy advocacy between the two organizations with a view to developing a strategic collaboration.