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BIDA chief for substantial investment in energy sector

February 02, 2024 00:00:00


Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Lokman Hossain Miah has laid emphasis on the government's substantial investment in Bangladesh's energy and other sectors to showcase Bangladesh as an investment-friendly destination, reports BSS.

He outlined the various measures undertaken to enhance the investment climate and underscored strengthening the existing legal framework in Bangladesh, which safeguards investors' investments and facilitates easy dividend withdrawal.

"To captivate the global market's attention towards Bangladesh, BIDA has launched the One Stop Service (OSS), an online platform that consolidates relevant government institutions to provide services to both domestic and foreign investors," he said.

The BIDA chief said this while meeting with the Board of Directors of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI), led by President Shabbir Ahmed Khan, at BIDA Bhaban in the city, said a press release on Thursday.

The meeting was attended by BMCCI Senior Vice President Anwar Shahid, Vice President M Riyaaz Rasheed, Vice President Mahbubul Alam, Secretary General Md Motaher Hoshan Khan and Director M Mahmudur Rashid.

By serving as the exclusive point of contact and a singular interface for investment-related services between the government and investors, Lokman Hossain Miah said the One Stop Service (OSS) aims to augment investment facilitation services in Bangladesh.


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