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BIDA expands one-stop service, adds 11 more institutions to digital investment platform

BTJ News Desk
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BIDA expands one-stop service, adds 11 more institutions to digital investment platform

Bangladesh Investment Development Authority (BIDA) has broadened its one-stop service (OSS) portal by integrating 11 additional institutions, enabling investors to access more services through a single digital platform. With this expansion, the total number of institutions connected to the OSS portal has reached 52.

The newly added entities include four commercial banks—Rupali Bank PLC, Dhaka Bank PLC, Bank Asia PLC, and Bengal Commercial Bank PLC—and seven city corporations: Rajshahi, Khulna, Mymensingh, Barishal, Cumilla, Gazipur, and Narayanganj. These institutions will now offer services such as opening bank accounts, obtaining trade licenses, and securing city corporation permits directly through the OSS portal.

BIDA chairman Ashik Chowdhury, speaking at the signing ceremony in Dhaka, highlighted the authority’s goal of creating a seamless digital ecosystem where entrepreneurs of all sizes can complete investment-related procedures with a single login. He emphasized the importance of strong data integration among government agencies, noting that eliminating repetitive submissions is key to improving investor experience.

Launched in February 2019 under the One Stop Service Act, 2018, and OSS (BIDA) Rules, 2020, the portal currently offers 142 services from 47 agencies and has processed over 215,000 investor applications. BIDA plans to continue adding more agencies to the platform in the coming months to further streamline investment procedures.

The signing ceremony was presided over by BIDA Executive Member Md Shaharul Huda, with Director General Jibon Krishna Saha Roy presenting the portal’s features and performance, while Deputy Director Abu Mohammad Nurul Hayat Totul moderated the event.

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