What is the Bangladesh Investment Development Authority (BIDA)?
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BIDA is the government agency responsible for promoting and facilitating private investment in Bangladesh. It provides one-stop services for investors including registration, work permits, utility connections, and aftercare services. BIDA offers incentives like tax holidays, duty-free imports of machinery, and repatriation of capital for foreign investors. The agency maintains an online portal (bida.gov.bd) for investment applications and information about priority sectors and economic zones.