The International Labour Organization (ILO) and the Bangladesh Investment Development Authority (BIDA) have teamed up to streamline one-stop service for investors.
In this connection, they signed an agreement in the city on Tuesday to promote, simplify and harmonise the one-stop service (OSS) of BIDA, says a statement.
Under the agreement, the ILO will support the integration of safety licenses of four national regulators to BIDA-OSS.
Over the course of a year, ILO will provide necessary support to the Bangladesh Fire Service and Civil Defence Department (BFSCD), Department of Inspection for Factories and Establishments (DIFE), Chattogram Development Authority (CDA) and Rajdhani Unnayan Kartripakkha (RAJUK) to integrate and operate their licensing systems to BIDA OSS, it added.
Additionally, the ILO will facilitate the simplification of application and payment process in BIDA-OSS, and support an awareness campaign to promote the system among investors. These activities will be conducted under the remit of ILO's RMG programme funded by Canada and Netherlands.
Speaking at the signing ceremony, Country Director of ILO Bangladesh, Tuomo Poutiainen, said, investment in workplace safety protects businesses from occupational hazards and improves the brand image of Bangladesh.
Executive Chairman of BIDA Md Sirazul Islam said, "BIDA is pleased to collaborate with the ILO to streamline our one-stop service system."