IPDC :: Board of Investment ::

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Board of Investment

The government of Bangladesh established the Board of Investment (BOI) in 1989 for accelerating private investment in Bangladesh. The Board, headed by the Prime Minister of the republic and represented by Ministers and Secretaries of the concerned ministries and public representatives and private sector peoples is vested with necessary powers to take decisions for speedy implementation of new industrial projects and provide operational support services to the existing ones (Investment Board Act 1989)

The major functions of Board of Investment (BOI) include the following:

Undertaking investment promotion activities at home and abroad Providing all types of facilities for promotion of capital investment and rapid industrialization Registration of industrial projects as well as royalty, technical know-how and technical assistance agreements wherever required Approval of payment of royalty, technical know-how and technical assistance fees to foreign nationals/organisations beyond the prescribed limits Issuing work permit to expatriate personnel working in private sector industrial enterprises Providing import facilities to industrial units in the private sector Approval of the terms and conditions of foreign private loan and suppliers' credit Allotment of land in the industrial areas'/estates for industrial purpose Conciliation of disputes relating to foreign investors and Providing assistance to avail infrastructure facilities for industries
One Stop Service Centre

The infrastructure and institutional support service that are

Available with the One Stop Service Centre are :
a) Pre investment counseling
b) Electric connection
c) Gas connection
d) Water and sewerage connection
e) Telecommunication facilities
f) Solution of problems in case of any difficulty arises in clearing imported machinery under concessional rate of import duty and obtaining bonded warehouse license
g) Environmental clearance

Courtesy Service

Board of Investment offers courtesy service to the visiting foreign investors. The service includes reception at airport, hotel booking, transport arrangement and drawing up itinerary in accordance with the need of the foreign investors visiting Bangladesh, To avail of the services the investors are advised to intimate BOI in advance.

Welcome service at airport

BOI welcome service counter manned by BOI officials has been set-up to offer round the clock service to all foreign investors arriving at the Zia International Airport, Dhaka. Foreign investors are requested to avail the services on arrival.