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HomeNews & ViewsBusiness FocusPrivate sector should proactively use BIDA’s OSS: BIDA Chief

Private sector should proactively use BIDA’s OSS: BIDA Chief

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At one point of time, it was the private sector who demanded for a single window from where they could get all relevant services to start or run a business. Currently 58 different services are being provided through BIDA’s One Stop Service (OSS) portal and the private sector should proactively use this online platform to get these 58 services, said Md. Sirazul Islam, Executive Chairman of Bangladesh Investment Development Authority (BIDA) at a dissemination session on OSS arranged by Dhaka Chamber of Commerce & Industry on April 20, 2022.
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Md. Sirazul Islam also said that BIDA’s registration and RJSC’s name clearance can now be taken within 24 hours through OSS. In three years of time OSS has been able to provide about 60,000 services. At present, 90% of BIDA’s services are being provided in time, he added. He therefore requested the private sector to access these digital facilities online with a view to reduce the cost of doing business. If private sector shows keen interest to avail services from OSS then hundreds of more services will be added to the board, he mentioned. “If we can reduce time and process, cost will automatically come down”, later he said.

Dhaka Chamber President Rizwan Rahman said we need to change our mindset to use the OSS. He also said that Dhaka Chamber will work to disseminate the positive features of OSS to its members as well as to the business community to make it familiar. He also requested BIDA to develop a promotional video tutorial on OSS and upload that to the social media for better reach.

Senior Vice President, Dhaka Chamber Arman Haque said that the OSS should be managed centrally like national single window. He also said that to create a business friendly environment in Bangladesh, more service should be added to OSS with a view to reduce cost of doing business. If the foreign investors get maximum benefit out of OSS, this will facilitate inflow of more FDI.

Executive Member of BIDA Mohsina Yasmin, DCCI Vice President Monowar Hossain and members of Dhaka Chamber were present on the occasion.

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