The Invest Bangladesh authority has begun operations after Bangladesh brought three investment and development bodies under a single framework. Bangladesh Sangbad Sangstha reported that the new agency follows a gazette under the Invest Bangladesh Act 2026 and combines the Bangladesh Investment Development Authority, Bangladesh Economic Zones Authority and Public Private Partnership Authority.

The new structure operates under the Prime Minister’s Office and is intended to give investors one access point for opportunities, approvals and related services. The Bangladesh government’s service model includes a digital platform and BanglaBiz, while the reported framework includes a 14-day licensing approach for relevant services. BSS said the change is designed to reduce fragmentation in the investor journey rather than disrupt services already being delivered.

The merger formally took effect after the gazette brought the law into force, according to The Business Standard. The report said the notification was signed by the Principal Secretary to the Prime Minister’s Office. Staff from the previous bodies are being absorbed into the new arrangement, and the authority is expected to coordinate services that were previously spread across separate institutions.

The practical test for the Invest Bangladesh authority will be how quickly applicants can move from information to approvals. The launch creates a clearer institutional brand, but investors will still need to confirm the applicable process, documents and sector rules through official channels as the new system settles.