The Bangladesh Investment Development Authority (BIDA) signed a Memorandums of Understanding (MoUs) with 11 service-providing institutions for integration with its One Stop Service (OSS) portal at the BIDA headquarters in the city's Agargaon area on Monday . BIDA Executive Chairman Chowdhury Ashik Mahmud Bin Harun was present at the signing ceremony as the chief guest. The Bangladesh Investment Development Authority (BIDA) on Monday signed Memorandums of Understanding (MoUs) with 11 service-providing institutions for integration with its One Stop Service (OSS) portal, aiming to facilitate investment in the country.
The signing ceremony was held at the BIDA headquarters in the city's Agargaon area.
BIDA Executive Chairman Chowdhury Ashik Mahmud Bin Harun was present at the signing ceremony as the chief guest while Executive Member of BIDA Air Commodore (Retd) Md Shaharul Huda presided over the event, said a BIDA statement.
The MoUs were signed with four banks and seven city corporations.
The banks are: Rupali Bank PLC, Dhaka Bank PLC, Bank Asia PLC and Bengal Commercial Bank PLC. The city corporations include Rajshahi, Khulna, Mymensingh, Barishal, Cumilla, Gazipur and Narayanganj City Corporations, according to the statement.
Under the MoUs, the respective banks and city corporations will integrate their systems with BIDA's online OSS platform.
With the integration, investors will have access to services such as opening bank accounts, obtaining trade licences, and receiving various financial and city corporation-related investment services online in a faster, more transparent and hassle-free manner.
Speaking on the occasion, Mr. Ashik Chowdhury said BIDA aims to build a system where entrepreneurs from small business owners to large industrialists will have access to all required government services through a single website and a single login.
"We want to move away from the practice of submitting the same information repeatedly to multiple government offices. Countries that have progressed significantly in attracting investment have ensured data integrity across government agencies, allowing information to be shared seamlessly once it is submitted," said the BIDA executive chairman.
He further said although the journey towards full digital integration is not easy and will take time, Bangladesh is moving forward with strong commitment in this regard.
BIDA launched its online One Stop Service portal in February 2019 in line with the One Stop Service Act, 2018 and the One Stop Service (Bangladesh Investment Development Authority) Rules, 2020, with the objective of delivering all key investment-related services from a single platform.
Currently, 142 services from 47 agencies are being delivered through the OSS portal. At the event, BIDA Director General Jibon Krishna Saha Roy made a comprehensive presentation on the One Stop Service operations, while Deputy Director Abu Mohammad Nurul Hayat Totul moderated the programme.
saif.febd@gmail.com
© 2026 - All Rights with The Financial Express
