By Professor Dr Shafiqur Rahman, special correspondent
Introduction
As global investors increasingly turn to emerging markets, Bangladesh has positioned itself as a standout destination in South Asia. With over 170 million people, consistent GDP growth, low labor costs, and a vibrant youth population, the country presents ample opportunities across sectors like textiles, ICT, energy, pharmaceuticals, and agribusiness. Facilitating this investment journey is the Bangladesh Investment Development Authority (BIDA), a government agency under the Prime Minister’s Office, dedicated to promoting and streamlining investment processes. Through policy support and its One Stop Service (OSS) portal, BIDA is reshaping Bangladesh into an investor-friendly hub.
- BIDA’s Role in Investment Facilitation
BIDA serves as the central body for coordinating, approving, and supporting both foreign and domestic investment in Bangladesh. As a one-stop agency, it offers advisory services, registration facilities, permits, and coordination with other government departments. Its goal is to minimize bureaucratic delays, reduce costs, and make the investment journey more efficient. BIDA also acts as a policy advocate, proposing reforms to ensure a smoother business environment and improve Bangladesh’s global standing in ease of doing business indices.
- Sector Selection and Feasibility
Before investing, it is essential to choose a high-potential sector. Bangladesh has identified priority areas such as ready-made garments, ICT, pharmaceuticals, infrastructure, and agriculture. These sectors receive special incentives and policy backing. Investors are encouraged to conduct feasibility studies to assess market demand, infrastructure, labor availability, and regulatory conditions. BIDA offers data, insights, and sectoral briefs to support this crucial decision-making stage.
- Company Registration and Legal Formalities
Once the investment plan is finalized, investors must register their business entity. This begins with incorporation through the Registrar of Joint Stock Companies and Firms (RJSC). For foreign investors, additional registration with BIDA is mandatory. Investors need to submit incorporation documents, business proposals, financial plans, and director profiles. Upon approval, BIDA provides an investment registration certificate, which unlocks eligibility for tax benefits, permits, and other government services. - Using the One Stop Service (OSS) Portal
The OSS portal is one of BIDA’s most impactful innovations, offering digital access to more than 50 services across ministries and departments. Investors can apply for tax registration, trade licenses, environmental clearance, utility connections, and work permits through a single platform. The portal has significantly reduced processing time and minimized the need for in-person visits, making it easier for both local and foreign businesses to start operations in Bangladesh. - Special Economic Zones and Investment Incentives
To attract long-term investment, Bangladesh has developed Special Economic Zones (SEZs) and Export Processing Zones (EPZs), offering investors access to developed land, reliable infrastructure, and fast-track administrative services. With extended tax holidays, duty-free import of capital machinery, and customs facilitation, these zones are ideal for export-oriented industries. BIDA, in collaboration with BEZA and BEPZA, plays a key role in promoting and facilitating investments in these strategic zones. - Investor Confidence and Aftercare Support
BIDA’s support does not end with business setup. It offers post-investment services, including dispute resolution, expansion guidance, and coordination with utility providers. BIDA also ensures investor confidence through policy advocacy, regular engagement with industry groups, and active problem-solving. Successful case studies—such as investments by Honda, Samsung, and Japanese firms in Araihazar—highlight BIDA’s effectiveness in delivering practical solutions for foreign investors.
Conclusion
Bangladesh offers one of the most promising investment landscapes in Asia, with a growing economy, strategic market access, and a government committed to reform. At the heart of this opportunity is BIDA, which plays a transformative role by offering streamlined services, digital platforms, and policy facilitation. For investors seeking growth, stability, and long-term value, Bangladesh—with BIDA’s assistance—presents a compelling destination for success.
