A cabinet meeting led by Prime Minister Sheikh Hasina approved an initial draft of the One-Stop Service Act-2017, at the secretariat on Monday. “The new law will encourage domestic and foreign investors and provide them with necessary conveniences and opportunities,” Cabinet Secretary Mohammad Shafiul Alam told the media after the meeting. This one-stop service will help us do so. It includes an idea of how such a one-stop service could operate.”Bangladesh Investment Promotion Authority, Bangladesh Economic Zones Authority, Bangladesh Export Processing Authority and Bangladesh Hi-Tech Park Authority will jointly undertake the responsibility of the ‘Central One Stop Service Authority’ and provide 16 types of services, according to the law. “There had been a one stop service, or an investment board, previously,” he said.

Source: bd News24 May 08, 2017 10:41 UTC