Dhaka, Nov. 19 -- Two foreign operating companies investing in Bangladesh's Laldia and Pangaon container terminals to handle seaborne cargoes are receiving 10-year tax holiday, the revenue authority unveils government decision on just-signed deals.

Also, foreign technical personnel working in these terminals will also come under the purview of this cent-percent tax waiver, National Board of Revenue (NBR) Chairman Abdur Rahman Khan said Wednesday.

"In addition, their royalty, technical know-how fees, dividends-everything will now receive tax exemption," says the revenue chief.

He notes that these benefits will be provided under an earlier government order-ostensibly meant for baiting foreign investment into the country.

Mr Khan made th...