Bangladesh has consolidated its investment promotion structure with the launch of the Invest Bangladesh Authority, merging three key agencies in a move aimed at simplifying services for domestic and foreign investors.
The new authority began operations on Thursday after the government brought the Invest Bangladesh Act, 2026 into effect through a gazette notification, formally dissolving the Bangladesh Investment Development Authority (Bida), Bangladesh Economic Zones Authority (Beza) and Public-Private Partnership Authority (PPPA).
The notification, signed by Principal Secretary to the Prime Minister ABM Abdus Sattar on behalf of the president, said the law was enforced using powers granted under Section 1(2).
Under the new law, Invest Bangladesh will operate as a statutory body headquartered in Dhaka. With government approval, it will be able to establish branch offices across the country and liaison offices abroad to support investment activities.
The authority will be governed by a board comprising a chairman and seven members, with the chairman serving as its chief executive.
Its core responsibilities will include identifying investment opportunities, promoting domestic and foreign investment, removing regulatory barriers and coordinating with ministries and government agencies on investment-related matters.
The merger brings all assets, records, contracts, liabilities and other affairs of Bida, Beza and PPPA under the new authority. Employees of the three agencies will also continue their duties under Invest Bangladesh.
Officials said the new structure is expected to provide investors with a more integrated platform by reducing overlaps among agencies and streamlining investment-related services.
The move completes a long-discussed restructuring effort aimed at creating a single window for investors, allowing businesses to access investment facilitation services through one unified authority.
Invest Bangladesh will now oversee investment promotion, economic zone-related activities and public-private partnership coordination under a single institutional framework.
