July 31, 2025

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BIDA holds first coordination meeting between NBR and investment agencies to create investment-friendly environment

As per the instructions of the Office of the Principal Advisor, the first monthly coordination meeting between the National Board of Revenue (NBR) and investment development-related agencies was held on Sunday (July 27, 2025) organized by the Bangladesh Investment Development Authority (BIDA).

The meeting was attended by NBR Chairman Md. Abdur Rahman Khan FCMA and senior officials of the agency. Representatives of Bangladesh Economic Zones Authority (BEZA), Bangladesh Export Processing Zones Authority (BEPZA) and Bangladesh Hi-Tech Park Authority (BHTPA) were also present in the meeting.

The issues that were highlighted in the meeting for improving the investment climate include:

Simplification of the cargo manifest amendment process

Provision for direct transfer of imported cargo to Inland Container Depots (ICDs) and off-dock facilities

Expansion of customs clearance facilities at the factory level

Proposal for introducing partial bonded warehousing facilities

Development of sector-based customs and bond facilities

BIDA expressed its sincere gratitude to the National Board of Revenue for actively considering these proposals as part of the implementation of investment-friendly policies.

It was informed in the meeting that regular coordination meetings will continue every month to keep this initiative sustainable and effective. The next meeting will be held in August.

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