A bill titled ‘One Stop Services Bill, 2018’ was passed in Parliament on Monday aiming to attract more local and foreign investment in the country. Matia Chowdhury said the Bill was aimed at implementing domestic and foreign investment plans quickly for rapid development of living standard of the people of Bangladesh, providing required services, permission and other facilities timely. The bill was passed through voice votes. Under the law, a central one stop service authority comprising four authorities namely Bangladesh Export Processing Zones Authority, Bangladesh Investment Development Authority, Bangladesh Economic Zone Authority and Bangladesh High-tech Park Authority will work through coordination among them. The officials who shall fail comply with rules and ensure services within the fixed time will be held responsible for misconduct and they will be punished for that.

Source: Dhaka Tribune February 05, 2018 18:56 UTC