High-level committee formed to merge investment agencies
Industries Adviser Adilur Rahman Khan has been made the convener of the committee.
The government has formed a high-level eight-member committee to scrutinise the possibilities as it plans to merge six agencies that deal with investment in the country.
Based on the committee's recommendations, the government will decide its next course of action.
This was informed through a revised notification signed on 28 August by Ahmed Ullah, director general-1 of the Chief Adviser's Office.
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The six agencies under consideration for merger are: Bangladesh Investment Development Authority (Bida), Bangladesh Export Processing Zones Authority (Bepza), Bangladesh Economic Zones Authority (Beza), Bangladesh Hi-Tech Park Authority (BHTPA), Public-Private Partnership Authority (PPPA), and Bangladesh Small and Cottage Industries Corporation (BSCIC).
Industries Adviser Adilur Rahman Khan has been made the convener of the committee.
Chowdhury Ashik Mahmud Bin Harun, executive chairman of Bida and Beza, has been made the member-secretary. The other six members are: Commerce Adviser Sk Bashir Uddin, Special Envoy of the Chief Adviser on International Affairs Lutfey Siddiqi, Bangladesh Bank Governor Ahsan H Mansur, Principal Secretary to the Chief Adviser M Siraz Uddin Miah, Senior Secretary of the Ministry of Public Administration Md Mokhlesur Rahman and Finance Secretary Md Khairuzzaman Mozumder.
According to the notification, the committee will review and examine the overall proposal placed by Bida regarding the merger of the six investment-related agencies and provide its opinion.
