In 2025, Bangladesh plans to merge its existing investment promotion agencies into a single Investment Promotion Agency (IPA) to streamline investment processes and attract more Foreign Direct Investment (FDI). Currently, key agencies include:
Bangladesh Investment Development Authority (BIDA): The primary investment promotion agency responsible for facilitating local and foreign investments.
Bangladesh Export Processing Zones Authority (BEPZA): Oversees Export Processing Zones (EPZs) to boost export-oriented industries.
Bangladesh Economic Zones Authority (BEZA): Develops Economic Zones (EZs) to encourage industrial growth.
Hi-Tech Park Authority: Promotes investments in the technology sector.
Bangladesh Small and Cottage Industries Corporation (BSCIC): Supports small and cottage industries.
The new centralized IPA aims to enhance efficiency, reduce bureaucratic delays, and attract higher FDI.