The Bangladesh Trade Portal was launched yesterday at the Pan Pacific Sonargaon with the aim of helping local and foreign investors gather information regarding the government’s internal and overseas investment trade policies. The portal will also contain the latest information regarding certain macroeconomic variables.
Commerce Minister Tofail Ahmed believes the portal will provide all the necessary information investors need to know about the investment climate in Bangladesh. The minister said, “I hope businessmen will immensely be benefited from the use of the trade portal. We would be able to connect to the rest of the world with this portal.”
The ministry is set to sign a deal with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to ensure that the portal is regularly updated with necessary information from the federation.
The portal will be available in both English and Bangla.
Primarily, 178 legal documents, 35 forms, 31 procedures and some measures of the government have been uploaded on the portal that are all open to the viewers.
Trevor O’ Regan, team leader and project director of the portal, said it has been made in collaboration with Irish company PM Group based in Singapore. World Bank provided financial assistance for the project, he added.