Dhaka, Feb. 1 -- Bangladesh Investment Development Authority (BIDA) on Sunday launched BanglaBiz, a unified digital platform bringing all investment promotion agencies (IPAs) under one umbrella to facilitate domestic and foreign investments in Bangladesh.

The platform was formally unveiled at BIDA's Multipurpose Hall in Agargaon with support from the Japan International Cooperation Agency (JICA).

Chief Adviser's Special Envoy on International Affairs Lutfey Siddiqi and BIDA Executive Chairman Chowdhury Ashik Mahmud Bin Harun were present at the inauguration.

Speaking at the event, Lutfey Siddiqi said this platform would significantly reduce licensing complexities for businesses; through BanglaBiz, around 1.2 million instances of physic...