Although the government has passed a new law to introduce one-stop services for business launching, the actual implementation still appears to be far off. Bangladesh Investment Development Authority (Bida) says it will be at least another six months till investors can enjoy all the benefits from the One-stop Service Act 2018. According to officials at Beza and Bida, investors from both home and abroad have long been demanding one-stop service in order to make investment process easier. They said that potential foreign investors often shift their investment to other countries due to complications here in Bangladesh. Kazi M Aminul Islam, executive chairman of Bida, told the Dhaka Tribune on Tuesday: “The One-stop Service Act will help remove all difficulties facing investors before starting their businesses after the final approval.

Source: Dhaka Tribune February 06, 2018 17:26 UTC