Bangladesh merges investment agencies into Invest Bangladesh

On 20 August 2026, the government of Bangladesh formally brought the Bangladesh — Invest Bangladesh Act, 2026 into effect through a gazette notification, dissolving the Bangladesh — Bangladesh Investment Development Authority (BIDA), the Bangladesh — Bangladesh Economic Zones Authority (BEZA), and the Bangladesh — Public–Private Partnership Authority (PPPA) and merging their functions into a single statutory body, Bangladesh — Invest Bangladesh. The new authority, headquartered in Dhaka and operating under the Bangladesh — Prime Minister s Office, is led by Chairman Koushik Chowdhury and seven members. It consolidates investment promotion, economic zone management, and public-private partnership coordination under one framework, with the goal of providing investors a single front desk for approvals, licensing, and services. The merger transfers all assets, records, contracts, and liabilities of the three dissolved agencies to Bangladesh — Invest Bangladesh, and their employees join the new authority with job continuity. Bangladesh — Invest Bangladesh will continue operating the BanglaBiz digital platform and is working to implement a 14-day business licensing framework. The full organizational structure will be developed in phases, and the agency may establish branch offices domestically and liaison offices abroad with government approval.