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The Bangladesh Investment Development Authority (BIDA) (Bengali: বাংলাদেশ বিনিয়োগ উন্নয়ন কর্তৃপক্ষ) is the apex investment promotion agency (IPA) of Bangladesh under the Chief Adviser's Office. BIDA promotes and facilitates private investment and advocates business-friendly policies.
In 2004, M Saifur Rahman, Minister of Finance and Planning, criticized the Infrastructure Development Company Limited and Infrastructure Investment Facilitation Center for failing to properly encourage investment. [5] It signed an agreement with Power Grid Company of Bangladesh to lease out the fiber optic cable from Chittagong to Dhaka. [6]
After twenty-four years of establishment, the company has brought reform in its strategy and policy for conducting commercial activities by forming and managing several subsidiary companies under the Investment Corporation of Bangladesh (Amendment) Act, 2000 (the Act No. 24 of 2000). [3] The companies are: ICB Capital Management Ltd. (ICML)
Bangladesh Academy for Securities Market (BASM) was established in July 2019 as the academic unit of Bangladesh Securities and Exchange Commission. [11] Two professors of the University of Dhaka, Shaikh Shamsuddin Ahmed and Mizanur Rahman, were appointed commissioners of Bangladesh Securities and Exchange Commission on 20 May 2020 for 4 years. [12]
Abu Dhabi Fund for Development provided funding through UAE-Bangladesh Investment Company Limited to various development projects in Bangladesh such as Chittagong Urea Fertilizer Limited, Shikalbaha Power Station, South Asia Subregional Economic Cooperation Road Connectivity Project, Teesta irrigation project, etc. [13] Ashadul Islam is the ...
The chairman of the governing board is the prime minister and members include the governor of Bangladesh Bank, the finance minister and other high-level ministers and elected policymakers. [9] The governing board is responsible for overall policy decisions. [9] The executive board includes bureaucrats from Government of Bangladesh. [8]
Following the resignation of Prime Minister Sheikh Hasina, an Interim Government led by Muhammad Yunus was formed on 8th August 2024. [4] [5] [6] During the initial days of the interim government, State Guest House Jamuna acted as the Chief Adviser's Office as the Prime Minister's Office at Tejgaon was vandalised on 5th August 2024 as the result of Student–People's uprising.
Board of Investment or BOI may refer to: Board of Investment (Mauritius) - investment promotion agency of Mauritius; Board of Investment (Sri Lanka)- investment promotion agency of Sri Lanka; Thailand Board of Investment - investment promotion agency of Thailand; Pakistan Board of Investment - investment promotion agency of Pakistan