16 July 2026, 00:00 AM

16 July 2026, 15:58 PM

Star Business Report

File Photo: PMO

The Jatiya Sangsad yesterday passed the Invest Bangladesh Bill, 2026, paving the way for the creation of the Invest Bangladesh Authority as the country’s single investment promotion agency.The bill, moved by Salahuddin Ahmed, minister in charge of the Prime Minister’s Office and minister for home affairs, was passed by voice vote.The new law will merge the Bangladesh Investment Development Authority (Bida), Bangladesh Economic Zones Authority (Beza), Bangladesh Hi-Tech Park Authority (BHTPA) and the Public-Private Partnership Authority (PPPA) into one statutory body.The government said the move would simplify investor services, reduce bureaucratic delays and improve coordination among government agencies.