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BANGLADESH: Rapid One-Stop Investment Clearance System Promised Within Six Months

Investment procedures are set to be streamlined with a new one-stop option allowing users to access 16 different ministerial / governmental services from a single website, which will be set to go online within six months. The new investment clearance service also comes with a guarantee that all processing will be completed within an agreed timeframe.

Among the services to be provided by the site are trade licences; land registration; construction permits; company name registration; environmental clearance; as well as the provision of electricity, gas, water, telephone and internet connections. The proposed legislation also allows for the liberalisation of visa and immigration requirements with regard to foreign investors.

Content provided by Picture: HKTDC Research
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