The Bangladesh Investment Development Authority (BIDA) is the primary government agency responsible for promoting and facilitating private sector investment in Bangladesh. A “BIDA recommendation” refers to a formal letter or certificate issued by BIDA that assists investors and foreign nationals in various business and immigration-related processes.
BIDA’s services are a key component of the country’s “One Stop Service” (OSS) initiative, which aims to streamline and simplify bureaucratic procedures for investors. Most of these services can now be accessed through BIDA’s online portal.