| Established under Investment
Board Act 1989, the Board of Investment
(BOI) is the principal private investment promotion
and facilitation agency of Bangladesh. The act
mandated BOI for providing diversified promotional
and facilitating services with a view to accelerate
industrial development of the country. In addition
to those, Government also entrusted BOI with some
more functions in its service list in the recent
past. Combining all, BOI’s present services
could be categorized as following:
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Investment
Promotion |
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Country Promotions |
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Sector/Industry Promotions |
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Publications on Business Processes |
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Investment
Facilitation |
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Pre-Investment Information
and Counseling Service |
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Investor Welcome Service (faster
immigration) |
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Registration /approval of foreign,
joint-venture and local project |
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Registration /approval of Branch/Liaison/Representative
Offices |
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Approving work permit for the Foreign
Nationals |
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Facilitating utility connections
(electricity, gas, water & sewerage,
telecom etc.) |
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Assistance in obtaining industrial
plots |
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Approving remittance of royalty,
technical know-how and technical assistance
fees |
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Facilitating import of capital machinery
& raw materials |
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Approving foreign loan suppliers'
credit, PAYE scheme etc. |
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Policy Advocacy |
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Advocating policy suggestions
to the Government, |
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b. Assisting the government in framing
new policies for private sector development,
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c. Assisting National Taskforce on
Investment Climate Facilitation |
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| To
know more on BOI, please visit:
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