Bangladesh Small and Cottage Industries Corporation (BSCIC) on Monday signed a Memorandum of Understanding (MoU) with Business Automation Ltd to introduce one-stop services.
Addressing the agreement signing event, BSCIC Chairman Mostaque Hassan hoped that the one-stop services can be introduced within this month.
Describing the one-stop service as a milestone for BSCIC, he said if it can be introduced, it will help BSCIC to render quality services to entrepreneurs.
BSCIC Secretary Mofidul Islam and Director of Business Automation Soyeb Ahmed Masud inked the MoU on behalf of their respective sides at BSCIC Board Room, reports UNB.
Once the one-stop services are introduced, micro, small, cottage and medium entrepreneurs will be able to avail all sorts of services including trade license, registration of land, environmental clearance, approval for construction and utility connections from a single place.
Currently, there are 79 BSCIC industrial estates in the country. Besides, BSCIC has a master plan to construct 50 more industrial estates in a total of 20 acres of land in the country by 2030.
So, the one-stop services will play a significant role in attracting local and foreign investment in the industrial estates, said a press release.
Earlier, BSCIC, an organisation under the Industries Ministry, was incorporated in the One-Stop Service Act, 2018 for attracting investors from home and abroad.
Bangladesh Investment Development Authority (BIDA), Bangladesh Economic Zone Authority (BEZA), Bangladesh Export Processing Zone Authority (BEPZA) and Bangladesh Hi-Tech Park Authority are also there in the One-Stop Service Act.