On August 23, Invest Bangladesh, formed by merging the Bangladesh Investment Development Authority (BIDA), the Bangladesh Economic Zones Authority (BEZA) and the Public-Private Partnership Authority (PPPA), formally started its journey.

The creation of the unified authority responds to a longstanding call from investors for a simpler way to engage with the government

Invest Bangladesh -- about to become the country’s sole investment promotion agency -- cannot remove every roadblock on its own

The new authority promises a genuine one-stop service through integrated digital platforms, statutory timelines for approvals and a single-window clearance system