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BANGLADESH: One-stop Investment Clearance Mooted for Economic Zones

Investment procedures in the country’s economic zones[1] are set to be hugely streamlined following the mooted introduction of a new one-stop or single-window system. This will see prospective investors able to secure the following services from one designated site:

  • Project clearance
  • Visa recommendations
  • Work permit recommendations
  • Import permits
  • Export permits

While no date for the introduction of the new system has been set, the Bangladesh Economic Zones Authority says a draft law authorising the arrangement has been submitted to the Prime Minister for final approval.


[1]  The Daily Star, 19 July 2016

 

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