Invest Bangladesh Act, 2026 (English -Unofficial)

An Act to enact a new law to form the country's apex investment development agency by repealing several related laws in order to attract domestic or foreign investors, take rapid and effective measures to develop the infrastructure required for setting up industries, build infrastructure in public-private partnership, and provide necessary services to investors in the fastest possible time, with the aim of rapidly accelerating the country's socio-economic development.

Whereas, in order to rapidly accelerate the socio-economic development of the country, it is expedient and necessary to enact a new law to form the country's apex investment development agency by repealing some of the related laws in order to attract domestic or foreign investors, take rapid and effective measures to develop the infrastructure required for setting up industries, build infrastructure through public-private partnerships, and provide necessary services to investors as soon as possible, in order to create an investment-friendly environment;

Therefore, it is hereby enacted as follows:-

1. (1) This Act may be called the “ Invest Bangladesh Act, 2026 ”.

(2) This Act shall come into force on such date as the Government may, by notification in the Official Gazette, appoint.

2. Unless the subject or context otherwise requires, in this Act,-

(1) “Operator” means the person or organization responsible for the maintenance and management of an industrial area;

(2) “Approved Industry” means an industry approved by the Authority under this Act;

(3) “Infrastructure” means any new or existing physical or non-physical infrastructure or infrastructure in the public sector by which public goods or public services or both are created or provided;

(4) “Authority” means the Invest Bangladesh Authority referred to in section 4;

(5) “Small-scale PPP project” means any PPP project classified as a small-scale PPP project as per the criteria set out in the Guidelines;

(6) “Public goods” means any goods that are directly or indirectly produced or sourced or created or made available for the public by public sector infrastructure;

(7) “Public service” means any service which is directly or indirectly produced or derived or created or provided for the public by the state infrastructure;

(8) “Governing Board” means the Governing Board constituted under section 7;

(9) “Guidelines” or “Guidelines” means the guidelines made under this Act;

(10) “Contracting Authority” means any Ministry or Department or any office or department or directorate under it, or any corporation or statutory body, local government, or any similar body, or authority;

(11) “G2G Partnership” means any partnership or initiative entered into between the Government of Bangladesh or any government agency, authority or institution or company designated by it and the Government of any other country or any appropriate agency or institution or company designated by it for the purpose of implementing a PPP project or any other project or establishing and operating an industrial project or industrial zone under any bilateral framework agreement or memorandum of understanding or mutual cooperation signed between the Government of Bangladesh and the Government of any other country;

(12) “Developer” means the person or organization responsible for the construction, maintenance and management of physical infrastructure in an industrial area;

(13) “Fund” means the fund of the authority referred to in section 53 of this Act;

(14) “Prescribed” means prescribed by rules, regulations, guidelines, policies or orders and until such rules, regulations, guidelines or policies are made, prescribed by the Government by order in the Official Gazette;

(15) “Chairman” means the Chairman of the Authority;

(16) “Member” means any member of the Authority;

(17) “Policy” means the policy made under this Act;

(18) “PPP project” means any public sector project undertaken for implementation through public-private partnership;

(19) “Project” means any activity or program or combination of both through which the following plans or activities are undertaken, namely:

(a) Plans to construct or operate any new infrastructure or both;

(b) plans to construct or operate any existing infrastructure or both;

(d) the supply of all goods or services not connected with any infrastructure facilities; or

(e) a plan to transfer or grant the right to use any asset owned or controlled by a contracting authority on a short or long term lease basis for a specified period through a prescribed legal framework, in order to ensure the efficient use of that asset;

(20) “Project Company” means a company formed under section 41 and shall also include a private partner;

(21) “Incentive” means any general or special benefit or subsidy given or announced by the Government from time to time to encourage investment and such benefit shall also include financial and policy benefits to the developer/investor in the PPP sector and such incentive shall also be applicable to the investor, developer, operator;

(22) “Regulations” means regulations made under this Act;

(23) “Private Partner” means any party to the contract other than the contracting authority and shall include the project company or its equity provider;

(24) “Rules” means rules made under this Act;

(25) “Private sector” means any industrial or commercial sector not established by the Government or declared as reserved for the Government;

(26) “Person” means any natural person and includes any institution, company, partnership, corporation, firm, association, association or body of persons, whether incorporated or not;

(27) “Cabinet Committee” means the Cabinet Committee on Economic Affairs constituted under Rule 18 of the Rules of Business, 1996;

(28) “Industry” means any institutional or statutory undertaking carried on for profit or commercial purposes, where through significant use of technology, labour, capital, intellectual property or machinery-

(a) The production of new products or value addition is achieved by transforming, processing or assembling any raw material, material or article in its original state; or

(b) Any service or infrastructure activity recognized by state policy is performed through the commercial use of fixed or intellectual property.

(29) “Industrial project” means any project implemented/implementable under the industry as defined under section 2(28) of this Act;

(30) “Government industrial or commercial institution” means-

(a) any industrial or commercial establishment owned or controlled by the Government or any corporation, trust, board, company established, established, managed or formed by it; or

(b) any other type of institution which the Government is entitled to transfer; and

(c) It shall also include any other right, including any share, title, interest or right of management or control of the Government or such institution in the industrial or commercial establishment referred to in clause (a) and the establishment referred to in clause (b);

(31) “Public-Private Partnership” or “PPP” means a PPP agreement between a contracting authority and a private partner under which—

(a) The said private partner undertakes/assumes the responsibility to implement a project, produce and supply public goods, perform any government function, provide services on behalf of the contracting authority, or ensure the proper use of any assets owned or controlled by the contracting authority;

(b) In case of private partner carrying out the activities mentioned in clause (a)-

(i) receives the cost of implementing projects, public goods, works or services from government funds; or

(ii) The purchaser receives the charges/levies or fees collected by him (the private partner) from the user or service recipient; or

(e) receives the price of the public goods, works or services mentioned in clause (a) and clause (b) together with the charges or levies or fees; or

(iv) pays the contracting authority fees, royalties, charges, profit shares, revenue shares or any other form of payment in accordance with the terms and conditions of the PPP contract; and

(c) The government or contracting authority and the private partner share their respective roles, responsibilities, risks and benefits in accordance with the terms of the PPP agreement;

(32) “Industrial zone” means any industrial zone declared by the Government under section 16 and shall also include all types of economic zones, free trade zones, private export processing zones existing before the commencement of this Act;

3. Notwithstanding anything contained in any other law for the time being in force, the provisions of this Act shall prevail.

4. (1) An authority to be called the “Invest Bangladesh Authority” shall be established upon the coming into force of this Act.

(2) The Authority shall be a body corporate and shall have perpetual succession and a common seal and shall have the power to acquire, hold and transfer property, both movable and immovable, and may sue and be sued in its own name.

(3) The Authority shall consist of a Chairman and 7 (seven) members, who shall be responsible for day-to-day operations on a full-time basis.

(4) The Chairman shall be the Chief Executive of the Authority.

(5) The Chairman and members shall be appointed by the Government and their rank, term of service, salary and allowances and other conditions shall be determined by the Government:

Provided that in the matter of appointment, preference shall be given to persons having qualifications and experience in the relevant field and in this case their rank, tenure of service, salary and allowances and other conditions shall be determined in such a manner as to attract and retain qualified and expert persons.

(6) The Chairman may call any meeting of the Authority and take decisions, and the quorum of the meeting shall be complete with the presence of at least 3 (three) persons and the decision of the Authority shall be taken based on the opinion of the majority of members present at the meeting.

(7) If the office of the Chairman becomes vacant or if he is unable to perform his duties due to absence, illness or any other reason, the senior most member of the Authority shall perform the duties of the Chairman until the newly appointed Chairman assumes office or until the Chairman is able to resume his duties, as the case may be.

(8) The Authority may, by decision, delegate power to any of its members or officers to perform any of its duties.

5. The head office of the Authority shall be in Dhaka and, if necessary, its branch office or liaison office may be established at any place with the prior approval of the Government.

6. The duties and functions of the Authority shall be as follows, namely:-

(1) General investment responsibilities:

(a) Identifying domestic and foreign investment opportunities, promoting and expanding them at home and abroad, and coordinating with domestic, foreign and international organizations engaged in investment development;

(b) Approve proposals for financial and non-financial opportunities, benefits and incentives for the development of domestic and foreign capital investment;

(c) To formulate necessary policies, guidelines, directives, and Standard Operating Procedures (SOPs) for the development of an investment-friendly environment and to identify existing obstacles to investment and to take communication, coordination, and implementation activities with the relevant ministries, divisions, and offices to remove them;

(d) Approval of investment initiatives through domestic-foreign partnerships;

(e) Taking necessary measures or providing recommendations regarding the formation of industrial investment capital and facilitating investment in the banking sector;

(f) Taking necessary initiatives to strengthen the downstream industry;

(g) Formulation and implementation of conditions for the appointment of necessary foreign officers, experts, employees or consultants in all types of commercial institutions including industries, branch offices, liaison offices, representative offices, project offices, buying houses and all other similar institutions, determination of scope of work, visa recommendations and issuance of work permits and technology transfer, phased local production, and technical best practices;

(h) To provide assistance and advice to the government in drafting agreements, to provide no-objection and, where applicable, to take steps to sign agreements for the purpose of signing international, regional, bilateral or multilateral investment agreements;

(i) Collection and analysis of data on all types of industries and establishment of their databases.

(j) To advise the government on the identification, evaluation and transfer, allocation, lease, rental or strategic sale of unused land or premises, shares, rights or related rights of government industrial or commercial institutions for more suitable economic activities.

(2) Responsibilities related to industrial areas:

(a) To select, if necessary, acquire, divide, allocate, lease or rent suitable areas, land, buildings or places for the establishment and operation of industrial zones, determine the conditions in this regard and, where appropriate, give consent or approval for the establishment of industrial zones, industrial units or industrial projects;

(b) To select and identify suitable areas, land, buildings or places for the establishment and operation of industrial zones, and to provide consent or approval and to determine the conditions related thereto, in order to ensure more efficient use of land in the light of the cluster policy based on the availability of local resources including infrastructure, road and communication facilities, travel and banking facilities and availability of skilled manpower;

(c) Acquisition and division of land, if necessary, for industrial zones identified on its own initiative or through public and private partnership initiatives, and taking possession of the acquired land on behalf of the government;

(d) To allocate, lease or rent land, buildings or space on a competitive business basis to the applicant investors in accordance with the prescribed procedure for the purpose of establishing industrial units, industrial projects, business and service institutions in the identified industrial areas for the implementation and management of their own initiatives and to give consent or approval to establish industrial units or industrial projects as the case may be;

(e) Appointment of developers or operators, as the case may be, for land development, construction, maintenance or management of facilities or infrastructure in industrial areas;

(f) Development, management, monitoring, supervision and coordination of industrial estates and related infrastructural facilities;

(g) Taking necessary legal and administrative measures to remove obstacles, limitations or complications in the implementation of projects related to industrial zones and ensuring development within the stipulated time frame by monitoring the activities of the government and the industrial zone developers in the development of the infrastructure of the industrial zones;

(h) Encourage and ensure efficient management and monitoring activities to comply with applicable international conventions, agreements and rules and regulations, including taking appropriate steps to implement commitments in the environmental, social and economic fields of the industrial zone, and encourage business organizations to establish separate industrial zones for class-based industries and relocate polluting or unplanned industrial establishments;

(i) To provide necessary services to industrial zone developers and industrial units for the management of industrial zones, such as permission for land selection for industrial zones, declaration of industrial zones, clearances, certificates, certificates of origin, permits for repatriation of capital and dividends, resident and non-resident visas, work permits, import and export permits, construction permits and any other legal documents, etc., through the single digital platform established under this Act;

(j) Establishing backward linkage industries within and outside the industrial zone to ensure employment of skilled labor force by encouraging domestic and foreign investment and to meet the needs of the local economy;

(k) Accelerate the implementation of the country's industrial policy through planned industrialization of priority manufacturing and service sectors;

(l) To transform areas declared as industrial zones into economic centers through investment from the banking sector through development as industrial cities, agro-based industrial zones, and commercial areas, thereby facilitating the provision of trained workers and skilled services;

(m) Ensuring more efficient use of land based on the availability of local resources, including infrastructure, through area division in light of the cluster policy, with the aim of providing an attractive environment and facilities for conducting business activities within the industrial zone;

(n) To take necessary steps to implement the laws and regulations made by the government from time to time to establish fair rights of workers and employees in industrial areas, ensure their welfare and establish fair relations between employers and workers and employees;

(o) Formulation of infrastructure development plans for industrial areas for implementation and management of own initiatives;

(p) Encouraging public-private partnerships in the development and management of industrial zones.

(a) Formulation of PPP-related policies, instructions, guidelines and procedures or Standard Operating Procedures (SOP);

(b) Determining, deciding or recommending special privileges, incentives, government financial participation or supporting facilities based on PPP projects;

(c) Providing consent, as the case may be, for PPP projects, providing necessary assistance in project activities, preparing pre-qualification and tender documents, determining the private partner selection process and approving the selected bidder;

(d) Preparation of PPP contract templates, approval and signing of contracts for projects entrusted under the PPP Authority, and approval of termination of contracts where applicable;

(e) Review, progress assessment, monitoring, supervision and coordination of PPP projects;

(f) Taking necessary measures to resolve obstacles, limitations or complications in the implementation of PPP projects;

(g) Preparing a panel for consultants or experts or both for PPP projects and processing the selection of consultants or experts from the said panel in the prescribed manner.

(d) Miscellaneous Responsibilities:

(a) to perform other functions specified in this Act;

(b) Taking initiatives and implementing other welfare facilities including incentives, allowances, loan facilities for officers and employees; and

7. (1) For the purpose of carrying out the purposes of this Act, a Governing Board shall be constituted consisting of the following members, namely:-

(a) the Prime Minister or a person nominated by him, who shall also be its Chairman;

(b) Minister in charge of the Ministry of Finance;

(d) Minister in charge of the Ministry of Foreign Affairs;

(e) Minister in charge of the Ministry of Lands;

(f) Minister in charge of the Ministry of Industries;

(g) Minister in charge of the Ministry of Commerce;

(h) Minister in charge of the Ministry of Law, Justice and Parliamentary Affairs;

(i) Principal Secretary to the Prime Minister;

(j) Governor, Bangladesh Bank;

(k) Secretary, Finance Department;

(l) Secretary, Ministry of Home Affairs;

(m) Secretary, Department of Internal Resources;

(n) 4 (four) representatives from the private sector nominated by the government, out of which 2 (two) shall be women representatives; and

(o) The Chairman, who shall also be its Member-Secretary.

(2) The Board may, if necessary, co-opt any person as its member.

8. (1) The functions of the Governing Board shall be as follows, namely:-

(a) To approve the proposal to establish an industrial zone and to formulate policies for its development, operation, management and control, and to issue necessary instructions to the authorities for the efficient management of matters related to the industrial zone;

(b) Approval of short, medium and long-term strategic policies and roadmaps related to investment development;

(d) Providing instructions for taking necessary actions to develop investment.

(2) If any ministry or department is involved in the implementation of any decision taken by the Governing Board under sub-section (1), the Authority shall implement it subject to the approval of that ministry or department.

9. (1) Subject to the other provisions of this section, the Governing Board shall determine the procedure for its meetings and shall hold at least two meetings in a year.

(2) The presence of a majority of the members shall constitute a quorum for the meeting of the Governing Board.

(3) All meetings of the Governing Board shall be convened by its Member-Secretary, with the consent of the President.

(4) The Governing Board shall take decisions based on the decision of the majority of the members present at the meeting and in case of equality of votes, the person presiding over the meeting shall have the right to cast a second or casting vote.

(5) The Governing Board may, if necessary, invite any expert to the meeting of the Board and the person so invited may express his/her opinion at the meeting but shall not be entitled to vote.

(6) Urgent matters arising between two Governing Board meetings shall be submitted for the order of the Chairman of the Governing Board on the basis of specific recommendations of the Authority and the decision so approved or taken shall be submitted to the next meeting of the Governing Board for its final approval, which shall be deemed to be the decision of the Governing Board.

10. (1) The Authority may form one or more committees to assist it in the discharge of its duties.

(2) The number of members of the committee and its responsibilities and procedures shall be determined by the authority.

11. (1) Subject to the organizational structure approved by the Government, the Authority may appoint such number of officers and employees as may be necessary for the proper discharge of its duties and responsibilities.

(2) The conditions of service of the officers and employees of the Authority shall be determined by regulations.

12. In order to fulfill the objectives of this Act, the Government may establish any of the following categories of industrial zones with a view to promoting rapid economic development, industrialization, employment, production and export growth and diversification in all potential areas including the backward and underdeveloped areas of the country and to implement the social and economic commitments of the State, namely:-

(a) Industrial estates established in public-private partnership by domestic or foreign individuals, groups or institutions;

(b) Private industrial zones established, singly or jointly, by domestic or expatriate Bangladeshi or foreign investors, groups, business organizations or groups;

(d) Special industrial zones established in private or public-private partnership or by government initiative for the establishment of any similar specialized industrial or commercial enterprise;

(e) Industrial zones established by partnership or initiative between the Government or any organization or authority or institution designated by it and any industrial entrepreneur, consortium, joint venture company or industrial group qualified to establish, manage and expand industrial zones designated by the Government of any other country or by it;

(f) Industrial estates established in mutual cooperation or partnership between one or more government agencies or authorities or institutions;

(g) Free trade zones established in partnership or initiative between the Government or any organization or authority or institution designated by it and any industrial entrepreneur, consortium, joint venture company or industrial group of Bangladesh or any other country and declared as specialized duty-free zones under the “ Customs Act, 2023 ”.

13. (1) The Authority may issue orders for the preparation of a master plan by dividing any industrial area into the following areas, namely:-

(a) Export Processing Area for export-oriented industries;

(b) Domestic Processing Area for industries established to meet domestic market demand;

(d) Non-Processing Area for housing, health, education, entertainment, etc.;

(e) Renewable Energy & Green Industrial Area for setting up solar, wind, biogas, hydrogen and low-carbon emission eco-friendly industries;

(f) Climate Resilient & Disaster Management Area for infrastructure, shelters and emergency service facilities to deal with floods, cyclones and waterlogging;

(g) Waste Management & Recycling Area for e-waste, industrial waste, plastic recycling and circular economy based activities;

(h) Agro-Processing & Food Security Area for the preservation, processing, cold chain and ensuring food security of agricultural products;

(i) Transport Hub & Multimodal Connectivity Area for a modern transport system integrating rail, road, water and possible air cargo connectivity;

(j) Blue Economy & Coastal Industrial Area designated for marine resource utilization, fish processing, offshore energy and coastal-based industries.

(2) If a master plan is prepared for any area on the basis of an order issued under sub-section (1), it shall be submitted to the Authority for approval and if it is approved by the Authority, the area divided according to the said plan shall be a designated part of that area.

14. (1) The Government may adopt any plan for the establishment of industrial estates in partnership or initiative between the Government of Bangladesh and the Government of any other country or in mutual cooperation or partnership between one or more Government agencies or authorities or institutions.

(2) For the purpose of expeditious implementation of the plan adopted as referred to in sub-section (1), the Government may constitute a processing committee consisting of the required number of members having experience in the technical and other aspects of the said plan.

(3) The said processing committee shall reserve the power to make decisions from the initial stage of the plan adopted until it reaches the stage of formulating proposals and presenting them to the Cabinet Committee on Economic Affairs or Government Procurement, as the case may be.

(4) For the purpose of implementing the plan adopted by the Processing Committee, a proposal containing recommendations shall be formulated, taking into account the qualifications, experience and financial capacity of any organization or institution concerned with the plan, through communication, discussion and negotiation, in such a way that the highest public interest is preserved.

(5) Other duties and functions of the Processing Committee shall be prescribed by rules.

15. (1) The Authority may, from time to time, determine the categories of registered industrial and commercial establishments established in an industrial area or outside an industrial area.

(2) Industries of any other sector, including small and cottage industries, such as agricultural farms, service-related institutions, etc., except for the sectors identified as reserved industries in the government's industrial policy, may be established in or outside the industrial zone.

16. The Government may, for the purpose of this Act, by notification in the Official Gazette, designate any area as an industrial area, specifying the specific details of the land, and declare it an industrial area by any specific name and, if necessary, by such notification, change, amend or rename the name of the said industrial area; and the Authority may change, amend, rename or re-designate the name of any industrial or commercial establishment registered under the Authority within or outside the jurisdiction of the industrial area.

17. (1) Notwithstanding anything contained in any other law for the time being in force, if any land is required for the establishment and development of an industrial estate or for any industrial or commercial project already registered by the Authority or subsequently registered on application outside the jurisdiction of the industrial estate, it shall be deemed to be necessary in the public interest and may be acquired under the “ Immovable Property Acquisition and Possession Act, 2017 ” on the application of the Authority.

(2) The land acquired or allotted under sub-section (1) shall not be used for any purpose other than the purpose for which it was acquired or allotted without the prior written approval of the Authority.

(3) In case of establishing or allotting an industrial estate or industrial establishment on surplus or unused land used by any government or state-owned industrial or commercial institution, no fresh land acquisition shall be required; the Authority may identify such land and, after taking the opinion of the concerned Ministry or Department, allocate it on suitable terms with the approval of the Cabinet Committee on Economic Affairs (CCEA).

18. (1) For the purpose of this Act, the Authority may appoint developers and operators in industrial areas and the conditions for the appointment of developers and operators shall be prescribed by rules.

(2) The Government may, in the manner prescribed by rules, appoint developers and operators for the purpose of establishing industrial estates in partnership or initiative between the Government of Bangladesh and the Government of any other country or in mutual cooperation or partnership between one or more government agencies or authorities or institutions.

19. If any person or institution obtains permission to set up an industrial project or undertaking, commercial or service establishment or approved economic operation in an industrial zone, the authority shall, subject to the conditions prescribed by it, allocate land, building, premises or building space to such person or institution or may grant a lease on rent or otherwise.

20. (1) If any approved industrial project, developer, operator, permitted person or institution violates this Act or any rules and regulations made thereunder or violates any order or condition of approval/registration, permit, allotment, lease or rent, the Authority may suspend or cancel the said approval, permit, allotment, lease or rent.

(2) Without prejudice to the generality of sub-section (1), the Authority may suspend or cancel the permission granted to any developer if the said developer-

(a) is unable to perform the duties and functions specified in this Act or the rules or regulations made thereunder;

(b) fails to properly comply with orders or instructions given by the government or authority;

(d) Fails to efficiently carry out the responsibilities and obligations imposed on the permit due to financial or other reasons.

(3) If the land allocated for the establishment of an industrial estate or the building or space taken on lease or rent is used for any purpose other than the approved/registered industry, the relevant forward and backward linkage industry or the approved economic activity, the authority may cancel the said allocation, lease or rent.

(4) The procedure for granting/reserving, granting permission, granting allotment, suspending or cancelling lease or rent, and recovering outstanding lease or rent under this section shall be prescribed by regulations.

21. Notwithstanding anything contained in any other law for the time being in force, the Government may, by notification in the Official Gazette, for a specified period-

(a) may provide special customs facilities for industrial projects/establishments located within the industrial zone and may introduce special measures to facilitate the import and export activities of establishments established in the industrial zone in accordance with the provisions of the “ Customs Act, 2023 ” (Act No. 57 of 2023); and

(b) Special tariff facilities may also be provided to registered industrial projects/establishments outside the industrial zones registered under this Act and special arrangements may be introduced to facilitate the import and export activities of such establishments in accordance with the provisions of the “ Customs Act, 2023 ” (Act No. 57 of 2023).
(1) The Government may, by notification in the Official Gazette, provide financial and non-financial incentives and benefits to sector-wise industrial projects/establishments, investors, developers, operators and PPP projects.

(2) However, notwithstanding anything contained in sub-section (1), special financial and non-financial incentives and facilities may be provided for industrial projects/establishments established in industrial zones.

23. Notwithstanding anything contained in any other law for the time being in force, the Government, taking into account the needs of any industrial area, except the “ Customs Act, 2023 ” (Act No. 57 of 2023), may declare any place under the jurisdiction of the said industrial area or authority or the land of any industrial project/institution registered with the authority as a government warehouse for the import, storage and supply of raw materials, packaging materials, semi-processed products and ancillary products of industrial establishments established in any place in Bangladesh including the said industrial area.

24. (1) Notwithstanding anything contained in any other law for the time being in force, if any industrial establishment registered with the Authority outside the industrial zone requires an import license for the import of machinery, parts, construction materials, raw materials and packaging materials, the concerned establishment shall apply to the Authority in the manner and form prescribed by the guidelines.

(2) After considering the application received under sub-section (1), the Authority shall, after due consideration and taking into account the nature and needs of the applicant institution, issue the necessary import permit to import the said machinery, parts, construction materials, raw materials and packaging materials. In the case of export-oriented industrial institutions, the Authority shall also issue the necessary export permit through the single digital platform.

(3) If an industrial establishment located in an industrial zone needs to import machinery, parts, construction materials, raw materials and packaging materials, the concerned establishment shall apply to the authority in the manner and form prescribed for the industrial zone.

(4) After considering the application received under sub-section (3), the Authority shall issue the necessary import permit through the Single Digital Platform for the import of the said machinery, parts, construction materials, raw materials and packaging materials. In the case of export-oriented industrial establishments, the Authority shall also issue the necessary export permit through the Single Digital Platform.

25. The Authority may, with the approval of Bangladesh Bank, grant permission to any bank to conduct banking activities in any industrial area.

26. The Government may, by notification in the Official Gazette, exempt the developer, operator of any industrial area or any industrial establishment/project situated therein from all or any of the provisions of all or any of the following laws, or direct that the provisions of all or any of the said laws shall apply subject to the modifications or amendments specified in the said notification, namely:-

(a) Municipal Taxation Act, 1881 (Act No. XI of 1881);

(b) Explosives Act, 1884 (Act No. IV of 1884);

(d) Foreign Exchange Regulation Act, 1947 (Act No. VII of 1947);

(e) Building Construction Act, 1952 (EB Act No. II of 1953);

(f) Fire Prevention and Extinguishing Act, 2003 (Act No. 7 of 2003);

(g) Local Government (Municipalities) Act 2009 (Act No. 58 of 2009);

(h) District Councils Act, 2000 (Act No. 19 of 2000);

(i) Local Government (City Corporation) Act, 2009 (Act No. 60 of 2009);

(j) Local Government (Union Councils Act, 2009 (Act No. 61 of 2009);

(k) Value Added Tax and Supplementary Duty Act, 2012 (Act No. 47 of 2012);

(l) Electricity Act, 2018 (Act No. 7 of 2018);

(m) Boiler Act, 2022 (Act No. 6 of 2022);

(n) Income Tax Act, 2023 (Act No. 12 of 2023);

(o) Land Development Tax Act, 2023 (Act No. 31 of 2023);

(p) Any other law prescribed by the Government, by notification in the Official Gazette.

27. If any royalty or technical knowledge or technical assistance fee, franchise fee is paid by any industrial institution to any foreign person or institution, the concerned industrial institution shall apply to the Authority for determination of such royalty or fee in the manner prescribed by the Authority and the royalty or fee determined by the Authority shall be paid by the concerned industrial institution.

29. (1) All unregistered industries established in the private sector, except those under any authority or organization established by law, shall be registered in the manner prescribed by the guidelines.

(2) In case of establishing a Bangladesh branch, liaison and representative office, or project office of a private commercial company registered abroad, permission shall be obtained in the manner prescribed by the authority.

(3) Any industry registered or permitted under this section shall, on its application, be entitled to all the facilities and benefits prescribed by the prevailing law.

(4) Nothing in this section shall apply to all industrial establishments which have been registered before the commencement of this Act or which have obtained permission to establish Bangladesh branches, liaison and representative offices, project offices of private commercial companies registered abroad.

30. (1) A contracting authority may, as the case may be, accept a PPP project for implementation through PPP by identifying any project of the Annual Development Programme or any project outside the Annual Development Programme.

(2) The Governing Board may, where necessary, direct the contracting authority to implement any project of the Annual Development Program or any project outside the Annual Development Program on a PPP basis;

(3) The contracting authority, as the case may be, the PPP authority, may adopt and implement the G2G PPP project following the prescribed procedure.

(4) In processing G2G PPP projects, the rules and regulations made for this purpose or for processing other PPP projects shall be followed.

(5) The contracting authority may undertake and implement small-scale PPP projects in the social infrastructure sector of the country and to achieve the goals of sustainable development, subject to the approval of the Ministry controlling the PPP authority, as the case may be, by following the prescribed guidelines.

(6) In order to ensure inclusive partnership, diverse sources of financing, and effective monitoring and evaluation in all these PPP projects, the private partner selection process, financing type, operation, and implementation monitoring and evaluation issues shall be determined by rules or guidelines.

31. The Cabinet Committee shall give in-principle and final approval to the PPP project, but in the case of small-scale PPP projects, the concerned Ministry/Department may give in-principle and final approval to the project in accordance with the procedure prescribed by the guidelines.

32. (1) In the event of the need to accelerate the socio-economic development of the country or to ensure national security or to quickly alleviate any major public distress, any contracting authority may, subject to the approval of the Authority, Cabinet, declare any project as a national priority project.

(2) Notwithstanding anything to the contrary in this Act, for the purpose of sub-section (1), the Contracting Authority may, as the case may be, form inter-ministerial committees or sub-committees for the approval of national priority projects, selection of private partners, negotiations, etc., subject to the approval of the Cabinet.

(3) The terms of reference, procedures and meeting arrangements of the committee formed under sub-section (2), including matters related to approval of national priority projects, selection of private partners, negotiations, etc., shall be prescribed by rules.

33. The Government may provide finance and government guarantees against the following activities of the PPP project, namely:-

(a) Technical Assistance Financing;

(b) Viability Gap Financing;

(d) Financing Against Linked Component of PPP projects;

(e) Financing against any other activities determined by the Authority.

34. To encourage private investment in PPP projects, the Government may, on the recommendation of the Governing Board, announce incentives by general or special order in the Government Gazette.

35. (1) Subject to the provisions of this Act, the contracting authority may enter into a PPP agreement with a private partner for the purpose of establishing a partnership with a private partner for the construction of any infrastructure in its sector or the renovation or reconstruction of existing infrastructure through the implementation of a PPP project.

(2) The contracting authority may assign responsibility to any person or institution to ensure the smooth implementation of the PPP project.

(3) In order to ensure the proper utilization of any asset owned or controlled by the contracting authority, the contracting authority may transfer or grant the right to use the asset on a short or long term lease basis for a specified period through a prescribed legal framework.

(4) The contracting authority shall submit reports to the Authority on the progress and activities of the project, in the prescribed manner and at the prescribed intervals.

(5) Notwithstanding anything contained in sub-section (3), the Authority may at any time request any report or information from the Contracting Authority and may issue necessary instructions to the Contracting Authority.

36. (1) No contracting authority shall undertake the selection process of a private partner for a PPP project without the in-principle approval of the concerned Ministry/Department in the case of a Cabinet Committee or small-scale PPP project.

(2) The contracting authority may, as the case may be, select the private partner in accordance with the authority's regulations.

37. (1) Any private organization may submit an unsolicited proposal to the contracting authority, or as the case may be, the authority, for any type of PPP project involving the construction of any public sector infrastructure or the renovation or reconstruction and operation of existing infrastructure in accordance with the relevant guidelines.

(2) Unsolicited proposals shall be evaluated according to the guidelines.

Explanation.-For the purposes of this section, "Unsolicited Proposal" means any written proposal submitted by a private individual or organization on its own initiative, which is not given in response to any formal request from the Government.

38. Negotiations shall be conducted only on negotiable terms, excluding those terms of the PPP contract that are not open to negotiation.

39. (1) The contracting authority shall execute a PPP contract with the finally selected private partner, subject to this law, regulations and agreed terms.

(2) The legal relationship between the contracting authority and the selected private partner, the allocation of risks and their rights and responsibilities shall be determined by the terms of the PPP contract.

(3) Without limiting the scope of sub-sections (1) and (2), the PPP contract may contain provisions relating to any or all of the following matters, namely:-

(a) Type of project;

(b) the term of the PPP contract;

(d) Technical samples and compliance standards;

(e) environmental and safety requirements;

(f) Implementation indicators and completion date;

(g) Cost recovery plan and coordination strategy through levy collection;

(h) Construction and operation agreement;

(i) Insurance;

(j) Acceptance Test and Procedure;

(k) Rights and responsibilities of the parties to the PPP contract, risk allocation;

(l) the type and amount of government financial participation;

(m) Transfer of assets (if any) at the end of the PPP contract;

(n) Post-transfer trust deed and procedure;

(o) Submission of reports;

(p) the contracting authority's supervision strategy;

(th) ownership of assets;

(r) Immediate action during natural disasters;

(b) Governing Law;

(n) Arbitration system;

(p) Rights over the project area;

(f) Security interests and

(b) Conditions relating to cancellation of the contract.

(4) No condition shall be inserted in the PPP contract which is inconsistent with any provision relating to the wage standards of workers and social amenities of the general public, health and safety, and the prohibition of child labor.

(5) Notwithstanding anything to the contrary in any other law or document having the force of law for the time being in force, the PPP contract shall be formulated in the language agreed upon by the parties.

(6) After signing the PPP agreement, the relevant government institutions will provide necessary support to the project company for project implementation.

40. Unless otherwise provided in the “ Right to Information Act, 2009 ” (Act No. 20 of 2009), all papers, information, documents related to the pre-qualification, tendering process and negotiation process and approval of the private partner under this Chapter shall be confidential and shall not be disclosed to any third party except by order of the court or with the consent of the parties.

41. (1) After the private partner is finally selected, before or after the execution of the PPP agreement, a company limited by shares shall be formed in accordance with the provisions of the existing law relating to the formation of companies.

(2) After signing the PPP agreement, all the responsibilities and rights of the private partner shall be transferred to the project company.

(3) If it is necessary to make any significant changes to the Memorandum of Association, Articles of Association and Bye-laws of the Project Company or its governing documents, the private partner shall obtain the approval of the Contracting Authority before making such changes.

42. (1) If any dispute arises regarding the application or interpretation of the provisions of the PPP Agreement or both, it shall be settled by the parties in the following manner as agreed upon under the PPP Agreement, namely:-

(a) by mutual consent between the parties to the contract; or

(b) in the event of the dispute not being resolved under clause (a), through an impartial expert mediator; or

(2) Notwithstanding anything to the contrary in any other law or instrument having the force of law for the time being in force, national or international rules and regulations may be adopted by the PPP Agreement for the purpose of settling disputes in the manner mentioned in sub-section (1) and the arbitration proceedings shall be held in Dhaka; however, in special cases, it may also be held in any other country on the basis of consent.

(3) Notwithstanding anything to the contrary contained in any other law or document having the force of law for the time being in force, no party shall have recourse to a national or international court of law without first taking steps to settle a dispute arising out of the application of the provisions of the PPP Agreement under sub-section (1).

(4) The decision of the arbitration proceedings under this section shall be final.

43. If any person or private organization, tenderer or selected tenderer is aggrieved by any order or decision given by the contracting authority or any officer thereof, then such person or organization or tenderer or selected tenderer may file an appeal with the authority regarding the relevant order or decision in the prescribed manner within 30 (thirty) working days from the date of issuance of such order or decision and the decision of the appeal shall be considered final.

44. (1) If any person involved in the private partner selection process and the implementation of the PPP project, directly or indirectly, engages in any corrupt act, fraudulent act, conspiratorial act or coercive act during the conduct of the said process or the implementation of the said project, then that person shall be liable for corruption or, as the case may be, misconduct or both and a departmental case may be filed against him in accordance with the prevailing law, including cases of corruption and the service rules relating to conduct and discipline.

(2) If any institution is involved in any corrupt, fraudulent, collusive or coercive act as mentioned in sub-section (1), the concerned institution shall be declared permanently or temporarily ineligible and its pre-qualification, tender or PPP contract, as the case may be, shall be cancelled.

Explanation.-For the purposes of this section, the expressions "corrupt practice", "fraudulent practice", "coercive practice" and "conspiratorial practice" shall have the meaning defined in rule 149 of the Public Procurement Rules, 2025 made under the Public Procurement Act, 2006 (Act No. 24 of 2006).

45. If any person involved in the evaluation of tenders in the private partner selection process becomes aware that he has a direct or indirect conflict of interest with any institution or person involved in a project or a related project, he shall withdraw from the process as soon as such awareness arises; and if he does not withdraw intentionally, it shall be considered as a 'conspired act' within the meaning of section 45.

Explanation.--For the purposes of this section, "conflict of interest" shall mean any direct or indirect financial or business relationship or interest of any person or his spouse or son or daughter with any project or associated project or any institution or business which may or may be likely to influence the decision made by that person in the evaluation of tenders in the process of selection of a private partner.

46. (1) Notwithstanding anything to the contrary in any other law or document having the force of law for the time being in force, the private partner or project company shall have the right to impose levies in accordance with the PPP agreement in return for the provision of public goods or public services.

(2) The PPP agreement shall set out the method and formula for levy determination and adjustment.

Explanation.- For the purposes of this section, "levy" means the amount received by the project company under the PPP agreement in return for the provision of public goods or public services; and shall also include tariffs, tolls, fees or charges.

47. At any time during the term of the partnership agreement, the contracting authority may direct the project company to introduce necessary procedures for the settlement of claims or complaints of users in connection with the supply of public goods or provision of public services by the project company.

48. (1) The Government shall formulate policies for increasing investment in the country, setting up industries in the private sector and transferring or strategic divestiture of government industrial or commercial institutions and their unused land or establishments, shares and rights and for their use in more suitable economic activities: Provided that, until such policies are formulated, the Authority may, for the purpose of this section, carry out such transfer or strategic divestiture activities through special or general orders issued by the Government from time to time.

(2) The Government shall, for the purpose of transfer or allocation or strategic sale of allotable government industries or commercial institutions for use in more suitable economic activities, list the said industries or institutions or their parts, machinery or unused land or installations as a whole, which shall contain a brief history, estimated value and a clear description of their assets and liabilities.

(3) If any government industrial or commercial institution listed under sub-section (2) and its unused machinery, land or establishment are sent to the Authority, the Authority shall take necessary measures for its transfer or allocation, or strategic sale.

(4) Interested domestic and foreign investors may receive the management and operation of such government industrial and commercial institutions on a partnership basis through allocation or strategic sale and may take lease of unused land, and agreements shall be executed for this purpose.

(5) The Authority shall deposit the money received under this section through the allocation, transfer or strategic sale of any government industrial or commercial institution or its unused land or establishment in a separate account in a scheduled bank, and from that money the previous liabilities of the industry or institution concerned shall be paid in accordance with the prevailing law and the remaining money shall be deposited in the Consolidated Fund of the Republic.

(6) While making an agreement for the transfer or allocation or strategic sale of any government industrial or commercial institution for the management and operation under this section, the Government shall take necessary steps in accordance with the prevailing law and other policies in this regard so that the officers, employees and workers of the concerned institution or institution are not deprived of their dues.

49. (1) If the transferee of any Government industrial or commercial institution violates any condition of the contract for the transfer or allocation of the said industrial or commercial institution, the Government or, as the case may be, the authority may take possession of the institution in accordance with the said contract and, if necessary, may take appropriate action in accordance with the law, including cancellation of the said contract and other documents relating thereto.

(2) If the recipient of any such transfer or allocation fails to operate the institution, the institution shall return all its utility bills including possession to the Government, subject to payment of the said utility bills, and if there is any loss or damage to the assets of the said institution, the Government shall, in accordance with the rules, adjust it and pay the value thereof to the transferee in accordance with the terms of the agreement.

50. (1) In order to fulfill the objectives of this Act, a single digital platform shall be established to ensure uninterrupted, transparent and effective provision of all services, approvals, licenses, clearances and permits related to investment and business. If necessary, desks of all service providers shall be established at the head or branch office of the Authority and one or more employees of such organizations shall be attached there, subject to the necessary powers.

(2) All the relevant service providers shall be compulsorily connected to the said single digital platform within the limits determined by the Authority and the Authority shall develop, implement and manage the said digital platform.

(3) All the currently functioning separate one-stop service portals and other service delivery platforms shall be integrated or migrated into a single digital platform in a phased manner within a cut-off timeline determined in consultation with the relevant stakeholders and after the expiry of the said period, no organization shall be able to operate through its own separate portal.

(4) Matters relating to the single digital platform shall be determined by rules:

Provided that until rules are made, the Authority may issue orders to this effect.

51. (1) For the purposes of this Act, the Government, the Authority or any person or institution appointed by it may-

(a) may inspect the progress of implementation of any project; and

(b) may enter any government or private industrial or commercial establishment and inspect it or conduct any investigation therein and the institution concerned shall provide all necessary facilities and amenities for such entry, inspection and investigation.

(2) After analyzing the information obtained through inspection, investigation or other means under clause (b) of sub-section (1), the authority may take necessary measures if it considers it necessary to bring about any reform in the institution in the public interest and may issue appropriate instructions to the concerned institution in this regard.

52. The Authority shall have the following special powers, namely:-

(a) If any dues, prices, dues, fees, service charges, compensation or damages of the Authority remain unpaid to any company, industrial or commercial institution, individual or project company established in the industrial area, the same shall be recoverable from the said company, institution, individual or project company, and in case of failure to pay the said dues, the Authority may take institutional or legal proceedings against the concerned owner, director or board of directors as per the agreement and may recover the said dues as a government demand in accordance with the provisions of The Public Demands Recovery Act, 1913 (No. III of 1913);

(b) If any owner, worker, employee, executive or management person is involved in any act or incitement that causes labor unrest, strike or lock-out, the Authority may order the concerned institution to close down the activities of the institution for a specified period, including taking action against that person, and the Authority shall not be liable to pay any compensation for this reason;

(c) If the Authority fails to pay its outstanding dues, other dues or liabilities, the Authority may remove the machinery, equipment, raw materials or any other product of the concerned institution and allocate it to any other industrial or commercial institution at the rate determined by the Public Works Department or after evaluating it through a committee;

(d) If the dues of the Authority remain outstanding after the proceedings mentioned in sub-sections (a) and (b) above, the said dues may be recovered as government claims in accordance with the provisions of The Public Demands Recovery Act, 1913 (No. III of 1913).

53. (1) There shall be a fund of the Authority called “Invest Bangladesh Fund” in which the following amounts shall be deposited:-

(a) Grants, loans or any other money provided by the Government;

(b) grants or money provided by local authorities, statutory bodies or any other institution approved by the Government;

(c) Loans, grants or financial assistance received from domestic or foreign sources, subject to the approval of the Government;

(d) Money received in return for the allocation, lease, rent or use of any other area, land, plot, building or space in a building under the authority;

(e) Fees, service charges, project development fees, succession fees or any other charges received in return for services, permits, registrations, clearances, project development, consultancy, assistance or any other activities provided by the Authority;

(f) Profits, income or money received from public and private partnerships, joint ventures, developer recruitment, project implementation or any other economic activity approved by the authority;

(g) Money received by the Authority from any other lawful source.

(2) Other moneys of the fund, other than grants made by the Government, shall be deposited in a scheduled bank approved by the Government and the said fund may be managed, withdrawn and spent in the manner prescribed by the regulations.

(3) All expenses of the Authority shall be met from the Fund.

(4) If there is any surplus in the fund after meeting the expenses of the Authority in the relevant financial year, such surplus shall be deposited in the fund of the Authority and may be used for subsequent activities.

(5) The Authority may, with the approval of the Governing Board, purchase Treasury Bonds, Treasury Bills, Savings Certificates and Fixed Deposits (FDRs) with the money of the Fund.

Explanation.-For the purposes of this section, "Scheduled Bank" shall mean a Scheduled Bank as defined in Clause (j) of Article 2 of the Bangladesh Bank Order, 1972 (PO 127 of 1972).

54. The Authority shall submit to the Government every year, within the time specified by the Government, the annual budget statement for the following financial year and it shall mention the amount of money required by the Authority from the Government in that year, provided that the Authority shall continue to make efforts to gradually increase its own income to meet its recurring expenses.

55. (1) The Authority shall properly maintain its accounts and prepare an annual statement of accounts.

(2) The Auditor General and Comptroller of Bangladesh, hereinafter referred to as the Auditor General, shall audit the accounts of the Authority every year and shall submit a copy of the audit report to the Government and the Authority.

(3) In addition to the audit referred to in sub-section (2), the accounts of the Authority may be audited by a Chartered Accountant as defined in Article 2(1)(b) of the Bangladesh Chartered Accountants Order, 1973 (PO No. 2 of 1973) and for this purpose the Authority may appoint one or more Chartered Accountants and the Chartered Accountant so appointed shall be entitled to such remuneration as may be fixed by the Government.

(4) For the purpose of auditing the accounts of the Authority, the Auditor General or any person authorized by him or the Chartered Accountant appointed under sub-section (3) may examine all records, documents, annual balance sheets, cash or money deposited in banks, securities, stores and other property of the Authority and may question the Chairman, Member, Secretary or any officer or employee of the Authority.

(5) The auditor shall submit a written report to the Government on the accounts audited by him and the report shall contain the following matters:

(a) Whether, in the opinion of the auditor, the various books of account were properly maintained;

(b) whether it accurately reflected the activities of the authority;

(c) whether, in any case, the auditor has sought any information or explanation from the authority, it was provided or not; and

(d) Was it satisfactory or not?

(6) Notwithstanding anything contained in the other provisions of this section, the Government-

(a) may direct auditors to report on the actions taken by the Authority to protect the interests of the Government and the customers or on the adequacy of the Authority's audit procedures;

(b) may extend the scope of the audit at any time;

(c) may give directions for following different methods of audit or for conducting such audit if, in the opinion of the auditor, it is necessary to examine any other matter in the public interest.

56. (1) The Authority shall submit to the Government, within 90 (ninety) days after the end of each financial year, an annual report on the activities carried out by it during that year.

(2) The Government may, if necessary, call for a report or statement from the Authority on any matter and the Authority shall be bound to furnish the same to the Government.57. (1) For the purpose of carrying out the purposes of this Act and for the performance of the functions of the Authority, the Authority may, on the recommendation of the Governing Board and with the approval of the Government, borrow from any bank, lending institution or any other domestic or foreign source.

(2) The Authority shall be responsible for repaying the loan taken under sub-section (1) in accordance with the applicable terms and conditions.

58. (1) The provisions of the Bangladesh Labour Act, 2006 (Act No. 42 of 2006) shall apply with necessary adaptations to industrial estates and related projects or establishments.

(2) No condition shall be inserted in any permit, allotment, lease, developer agreement, PPP agreement or any other agreement under this Act which is inconsistent with any provision of the prevailing law relating to the standard of wages of workers, workers' rights, social amenities of the general public, health and safety and the prohibition of child labor.

59. (1) Notwithstanding anything contained in any other law for the time being in force or in the other provisions of this Act, if for the purpose of this Act it is necessary for any other authority or organization to develop, operate or manage any industrial establishment or industrial area, the Government may, in consultation with the Governing Board, entrust the said industrial establishment or industrial area to the Authority on mutually agreed terms and conditions, and similarly may transfer any industrial area of the Authority or any industrial establishment established therein to any other authority or organization for its development, operation and management.

(2) For the purpose of sub-section (1), the Authority may sign an agreement with the concerned organization or institution.

60. (1) For the purpose of carrying out the purposes of this Act, the Authority may, with the prior approval of the Government, form a company in accordance with the Companies Act, 1994 (Act No. 18 of 1994).

(2) The company referred to in sub-section (1) shall be formed and operated under the existing laws and rules in this regard.

61. (1) The Authority may appoint researchers, consultants, experts, auditors and panel lawyers to carry out its functions with the utmost skill.

(2) The terms and conditions of employment of the researchers, consultants, experts and auditors of the Authority shall be determined by regulations.

(3) Subject to the provisions of this Act, the rules and regulations made thereunder, the consultants, experts, auditors of the Authority and subject to the provisions of the agreement, the panel lawyers shall perform their duties under the overall control and supervision of the Executive Chairman.

62. For the purpose of carrying out the objectives of this Act, the Authority may, with the prior approval of the Government, establish and operate educational, research and training institutes.

63. If any difficulty arises in giving effect to the provisions of this Act, the Government may, by order in the Official Gazette, take necessary measures to remove such difficulty.

64. (1) For the purpose of carrying out the purposes of this Act, the Government may, by notification in the Official Gazette, make rules:

Provided that, until new rules are made, the rules made under the Bangladesh Economic Zones Act, 2010 (Act No. 42 of 2010), the Bangladesh Public-Private Partnership Act, 2015 (Act No. 18 of 2015) and the Bangladesh Investment Development Authority Act, 2016 (Act No. 36 of 2016) shall remain in force, unless they are in conflict with this Act, and if there is any conflict, the provisions of this Act shall prevail.

(2) For the purpose of this section, the Government may issue necessary orders until rules are made.

65. (1) For the purpose of carrying out the purposes of this Act, the Authority may, with the previous approval of the Government, by notification in the Official Gazette, make regulations:

Provided that, until new regulations are made, the regulations made under the Bangladesh Economic Zones Act, 2010 (Act No. 42 of 2010), the Bangladesh Public-Private Partnership Act, 2015 (Act No. 18 of 2015) and the Bangladesh Investment Development Authority Act, 2016 (Act No. 36 of 2016) shall remain in force, unless they are in conflict with this Act, and if there is any conflict, the provisions of this Act shall prevail.

(2) For the purpose of this section, the Authority may issue necessary orders until regulations are made.

66. (1) The Bangladesh Economic Zones Act, 2010 (Act No. 42 of 2010), the Bangladesh Public-Private Partnership Act, 2015 (Act No. 18 of 2015), the Bangladesh Investment Development Authority Act, 2016 (Act No. 36 of 2016), and the One Stop Service Act, 2018 (Act No. 10 of 2018) are hereby repealed and the Bangladesh Economic Zones Authority, the Bangladesh Public-Private Partnership Authority and the Bangladesh Investment Development Authority established thereunder are hereby abolished.

(2) Notwithstanding the repeal under sub-section (1), any act done or action taken under the repealed Acts shall be deemed to have been done or taken under this Act and any proceedings, if any, shall be disposed of under this Act.

(3) With the coming into force of this Act, the authorities abolished under sub-section (1) shall-

(a) All movable and immovable property and all other rights and interests arising in or from such property, cash and money deposited in banks, investments, all books of accounts, records and other documents shall be transferred to and vested in the Authority;

(b) all debts, liabilities and obligations and all contracts entered into by, on or with it shall be deemed to be debts, liabilities and obligations of the Authority and contracts entered into by, on or with it;

(c) any suit or legal proceeding filed against or by the Authority shall be deemed to be a suit or legal proceeding filed against or by the Authority and shall be disposed of accordingly; and

(d) All officers and employees shall be deemed to be officers and employees of the Authority established under this Act and shall continue to be employed on the same terms and conditions of service as they were immediately before the commencement of this Act, until such terms and conditions are changed by the Authority:

It is further provided that all employees who were employed as government employees shall continue to be directly employed as government employees, and the pension rules shall remain in force for all employees who were covered by the pension benefits approved by the Government.

67. (1) After the commencement of this Act, the Government shall, by notification in the Official Gazette, publish an authentic English text translated into English of the original Bengali text of this Act.

(2) In case of conflict between the Bengali and English texts, the Bengali text shall prevail.

Invest Bangladesh Act, 2026 (English -Unofficial)

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