Commerce Minister Khandaker Abdul Muktadir announced that the government is enhancing an online one-stop service system to streamline licensing and approval processes for investors. Speaking at a meeting with a delegation from the Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) in Dhaka, he said the initiative aims to eliminate the need for investors to visit multiple offices. The minister noted that while physical inspections for industrial or factory establishments cannot always be completed within 15 days due to safety and environmental checks, provisional licenses will be introduced to prevent delays in investment activities.

He explained that sector-specific licensing procedures are being developed, as requirements differ across industries such as power generation and textiles. The Bangladesh Investment Development Authority (BIDA) will coordinate inspection schedules among relevant agencies to ensure a single, integrated inspection process. Muktadir also highlighted the government’s interest in promoting electric and hybrid vehicles to reduce fuel dependency and enhance transport sustainability.

JBCCI representatives emphasized the importance of simplifying licensing, expanding trade, and adopting sustainable technologies. The minister reaffirmed Bangladesh’s commitment to creating a transparent and efficient business environment for Japanese investors.