Written by The Banking Post
The Bangladesh Investment Development Authority (BIDA) and the United Nations Development Programme (UNDP) have renewed their Memorandum of Understanding (MoU), reaffirming a joint commitment to advancing investment, youth employment, and policy innovation in Bangladesh.
To mark the renewal, a collaborative workshop was held today at the BIDA conference room in Dhaka. BIDA Executive Chairman Chowdhury Ashik Mahmud Bin Harun attended the event as the chief guest, according to BSS.
In his remarks, Chairman Ashik Chowdhury said:
“We’ve worked closely with UNDP—from the investment summit to in-depth policy research—and there’s still much more to be done. As we move toward a more investor-centric approach, especially through the integration of data and technology, continued collaboration with partners like UNDP will help us stay aligned with global best practices.”
The renewed MoU will guide collaboration over the next two years, focusing on entrepreneurship, digital transformation, responsible business, and disaster resilience—especially through initiatives like the Future Nation platform and BIDA’s Research and Analytics Unit (RAU).
The session opened with welcome remarks from Md. Maruful Alam, Director (Deputy Secretary), and Tanvir Mahmud, Senior Governance Specialist.
Owais Parray, Country Economic Advisor at UNDP Bangladesh, shared insights from international reform experiences, while Jyotish Talukdar, Private Sector Partnership Specialist at UNDP, highlighted key achievements of the BIDA-UNDP partnership to date.
Md. Mokhlesur Rahman, Executive Member (Additional Secretary), BIDA, emphasized the need for continued cooperation to meet the nation’s economic goals.
The event concluded with a vote of thanks from Md. Muzib-Ul-Ferdous, Director General (Joint Secretary), Local Investment Promotion.
