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Call to ensure One-Stop Services to draw investment

  • Published at 10:27 pm March 8th, 2017
Call to ensure One-Stop Services to draw investment
Economists and business individuals have called for an integration of policies with Bangladesh Investment Development Authority (BIDA) Act to ensure One-Stop Services to attract investment. They made the call at a seminar titled – The role of BIDA and proposed One-Stop Services Act: Investment climate in Bangladesh by International Business Forum of Bangladesh (IBFB) – held in the capital on Wednesday. IBFB president Hafizur Rahman Khan, also Runner Group chairman, presided over the seminar. Most countries have either their formal or informal One-Stop Service centres to promote business and investment, said MS Siddiqui, directror at IBFB, in his keynote speech. He urged the government to integrate other policies with the BIDA Act to prove One-stop Services (OSS). A long delay in providing utility services is shrinking the investment image of the country while internal conflict among the utility service providers is a major challenge which BIDA is expected to face, he added. “BIDA focuses on investors services, ease of doing business and advocacy. If business people get service, it would brand Bangladesh to others,” said Kazi M Aminul Islam, executive chairman of BIDA. “We have taken up massive reforms to ensure and create business friendly environment in the country to make Bangladesh a global leader.”