Wednesday, 25 May, 2022
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FBCCI for reducing suffering for business licenses

FBCCI for reducing suffering for business licenses

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President of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) jashim Uddin today called for an end to the complexities in obtaining and renewing licenses to reduce the cost of doing business.

The FBCCI chief made the call at a seminar on "Present Situation of the One Stop Service System of BIDA" jointly organized by FBCCI and Bangladesh Investment Development Authority (BIDA) held at FBCCI bhaban in the capital today, said a press release.

Speaking at the seminar, the FBCCI president said that the businessmen have to spend extra money and time and go through a complex process to renew the licenses and certificates every year and foreign investors become discouraged to invest in Bangladesh due to these complexities.

Urging to withdraw the renewing policy every year, FBCCI chief said that government organizations may audit but the renewal policy should not exist.

"The safety and security related certificates have to be collected from eight to ten organizations. All the Safety and Security Certificates should be issued from a single organization", he added.

Speaking as the chief guest on the occasion, Executive Chairman of BIDA Sirajul Islam urged the businessmen to avail the services from BIDA One Stop Service (OSS).

Earlier, Director of BIDA Jibon Krishna Saha Roy delivered the keynote presentation on BIDA OSS.

 He informed that BIDA has signed MoUs with 39 companies to provide services in OSS and 11 more are in process.

At present 58 services are being provided through OSS of which 18 are BIDA's own, the rest are from other government agencies.

Amon others, FBCCI Director Md. Naser, Former Director S M Kamal Uddin, BPGMEA President Shamim Ahmed, FBCCI Adviser Brig. General (Retired) Abu Nayeem Md. Shahidullah, Panel Adviser Dr. Mostafa Abid Khan and other business leaders took part in the open discussion on the keynote presentation.