Land mutation between important industries, limited companies, export-oriented industries and companies in Dhaka, Chattogram, Narayanganj and Gazipur districts will be done within seven working days, according to a land ministry circular issued on Monday.
The government, under the leadership of Prime Minister Sheikh Hasina, is relentlessly working to increase trade, commerce, industrialisation and foreign investment, said the circular, reports BSS.
Bangladesh is yet to reach the desired level, though it has advanced some notches in the 'Ease of Doing Business' index of the World Bank.
Bangladesh has to move up substantially in the 'Ease of Doing Business' index to increase local and foreign investment for its rapid economic development.
For this reason, Land Minister Saifuzzaman Chowdhury has taken various initiatives to expedite the land mutation process between important industries, limited companies, export-oriented industries and companies.
The concerned Additional Deputy Commissioner (revenue) will closely monitor the service delivery, being the focal point in this regard.
Besides, the ADC (revenue) will submit reports to the Ministry of Land, Bangladesh Investment Development Authority (BIDA) and Chief Coordinator for Sustainable Development Goals (SDGs) regarding the matter every month.
Earlier on December 30 last, land minister Saifuzzaman Chowdhury had announced to issue a circular to encourage domestic and foreign investors while delivering a speech in an event.
© 2024 - All Rights with The Financial Express
