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Investment authorities mull over changing corporate structure of country | Bangladesh Sangbad Sangstha (BSS)

Investment authorities mull over changing corporate structure of country
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DHAKA, April 4, 2021 (BSS) – The Bangladesh Investment Development Authority (BIDA), the Bangladesh Economic Zones Authority and other government investment authorities have considered the corporate structure of the country as a barrier to attracting domestic and foreign investment.
They came up with the thoughts in the pre-budget discussion held at the NBR conference room on Wednesday last where BIDA and Bejar, Bangladesh Export Processing Zones Authority (BEPZA), Bangladesh Hi-Tech Park Authority and Business Initiative Leading Development (BUILD) also took part.
The concerned authorities have proposed a number of reforms in the areas of income tax, VAT and customs for National Board of Revenue (NBR) investors citing that the 2021-22 budget will be for the ‘post-corona economic recovery’. ....

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Mirersarai EZ a 'game changer': BEZA EC-538928

Mirersarai EZ a game changer : BEZA EC
Staff Correspondent
2nd March, 2021 09:48:36
Mirersarai Economic Zone should be expanded further to Companiganj, Sitakunda, Sandwip and Hatia considering its potentials, said Bangladesh Economic Zones Authority (BEZA) executive chairman Paban Chowdhury.
He termed the zone a “game changer” saying the land allocation “is almost exhausted” in the zone.
“Considering potentials, it can be expanded further to areas including Companiganj, Sitakunda, Sandwip and Hatia,” said Paban Chowdhury.
BEZA has already received more than $20 billion investment and it is going to reach $30 billion soon, he said at a meeting with Business Initiative Leading Development (BUILD) Chairperson Abul Kasem Khan at his office in Dhaka Tuesday. ....

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