The Cabinet has approved a policy framework for a direct foreign investment (FDI) incentive scheme aimed at encouraging all Bangladeshi citizens, including expatriates, to contribute to attracting FDI. The approval was given during the Cabinet’s ninth meeting held on Thursday at the Secretariat, chaired by Prime Minister Tarique Rahman. The Cabinet Division confirmed the decision in an official press release.

According to the release, the government formulated the FDI incentive scheme to promote participation of Bangladeshis in bringing foreign investment into the country. In the same meeting, the Cabinet also granted policy approval to the draft of the Bangladesh Medical University (Amendment) Act, 2026, initiated by the Ministry of Health Education and Family Welfare. The amendment aims to expand the scope of medical services, education, and research under the university.

The proposed amendment would allow the university to form profit-based or non-profit companies or organizations and acquire shares to enhance its operational and research capacity, requiring changes to the existing Bangladesh Medical University Act of 1998.