Smart investment initiatives are crucial for faster economic growth as well as to building a developed Bangladesh as targeted, said Lokman Hossain Miah, Executive Chairman of BIDA on Thursday.
The Bangladesh Investment Development Authority (BIDA) Executive Chairman was addressing a workshop in Chattogram with Chattogram Divisional Commissioner Md. Tofail Islam in the chair.
The workshop highlighted the progress of BIDA’s One Stop Service (OSS) platform, designed as a single point of entry for business investors and entrepreneurs in the Chattanooga region.
The platform aims to streamline the investment process by offering 123 online-based services, eliminating the need for investors to visit 39 different institutions. Documents need to be submitted only once, making the process efficient and transparent.
Addressing as the chief guest, Miah reiterated the government's vision of building a middle-income country by 2031 and a developed Bangladesh by 2041.
Highlighting the provision of on-arrival visas to foreign investors within 6 to 12 hours as part of their commitment to providing fast and transparent services, he urged investors to adopt smart investment services to contribute to the nation's development.
Dr. Khandoker Azizul Islam, BIDA Executive Member and Secretary, spoke as a special guest, assuring that BIDA OSS is user-friendly and warning against third-party intermediaries who may misguide investors for their own benefit.
Omar Hajjaz, President of the Chattogram Chamber of Commerce and Industries, also spoke at the workshop, presenting various policy reforms and suggestions and discussing investment possibilities and limitations on behalf of Chattogram’s business community.
In his presidential speech, Divisional Commissioner Md. Tofail Islam thanked BIDA for its continuous efforts in providing investment services aimed at building a better Bangladesh through investment development.
He encouraged businessmen, investors, and entrepreneurs to utilise BIDA OSS for all types of investment services.
During the workshop, BIDA Director General Jibon Krishna Saha Roy gave an overview of the BIDA OSS and presented the main presentation. Mohammad Moazzam Hossain, the Chattogram Divisional Director of BIDA, delivered the welcome address.
The event saw the participation of leading businessmen, entrepreneurs, and investors from the Chattogram region, along with senior representatives from various chambers of commerce and industries, as well as journalists from print and electronic media.
