Press Release

Press Release

Indicators of doing business should be strictly adhered/ uphold.

International Business Forum of Bangladesh (IBFB) and Centre for Urban Studies (CUS), Dhaka.

“Ease of Doing Business: Indicators for Construction Business: Bangladesh Perspective”.

In Bangladesh all Planning and Development Control Authorities (DCC, NHA, HBRI, PND, UDD, LGED, DOE, BOI, and MOI) must follow the rules and regulations for issuance of permits and monitor compliance of building codes. 
11 indicators are used in the Doing Business Methodology of ranking. Dealing with Construction Permits is one of the Indicators. These Indicators are:

  • The Building Quality Construction
  • Evaluating the Quality of buildings regulations
  • Strength of Quality control and safety mechanism
  • Liability and insurance regimes and
  • Professional certification requirements

Doing Good Business apply to some principles and address issues in the governance frame work that creates the environment in which private sector decisions are made and activities occur, there by leading to:

  • Positive economic outcomes,
  • Leading to increased economic activity and increased trade,
  • Dynamic allocation of resources,
  • Increased demand for labor,
  • Increased domestic and foreign investment,
  • Removal of barriers to inclusive economic participation,
  • Increased government revenue,
  • Formalization of economic activity,
  • Reduced opportunities for corruption, and 
  • Improved government efficiency and internal management

Ease of doing business index is published by the World Bank. It is an aggregate figure that includes different parameters which define the ease of doing business in a country. It is computed by aggregating the distance to frontier scores of different economies. The distance to frontier score uses the ‘regulatory best practices’ for doing business as the parameter and benchmark economies according to that parameter. For each of the indicators that form a part of the statistic “Ease of Doing Business”, a distance to frontier score is computed and all the scores are aggregated. The aggregated score becomes the Ease of doing business index.

The ranking of Bangladesh in 2019 is 168 which is an improvement from the past year. The three highest ranking countries are New Zealand, Singapore and Hong Kong.

Hon’ble Minister, Ministry of Local Govt., Rural Development & Co-operatives, Government of the People’s Republic of Bangladesh, Md. Tazul Islam, MP spoke as Chief Guest at a seminar on “Ease of Doing Business- Dealing with Construction Permit”, jointly organized by the International Business Forum of Bangladesh (IBFB) & Centre for Urban Studies (CUS) at CIRDAP Auditorium, Dhaka on Sunday, 08 December, 2019. 

The Minister said he is aware of the issue of Easy of Doing Business and government is aware of the situation and he also referred to action related to his Ministry to make the business ease and cost effective. 

Upon mentioning the social situation he observed that, entrepreneurs work in a very odd atmosphere in Bangladesh. The society blames the business persons and politicians for all the evil in the society although we all are responsible for our act. He admitted that the responsibilities of politicians are more than any other professionals.  As a long time member of the Parliament, he could was trying to bring educated honest persons in local government but deserving members of the society are not willing serve in local government. In order to bring the appropriate persons, the position of local government should be glorified and due honor should be given to them.  

The business persons should get due honor in the society.

Architect Planner Salma A. Shafi, Honorary Secretary, Centre for Urban Studies (CUS) presented the Key Note Paper. 

Mohammad Abu Sadeque PEng., Executive Director, Centre for Housing and Building Research, Architect Mobasshar Hossain, Former President, Institute of Architects Bangladesh (IAB) and Habibullah N Karim, Former President, Bangladesh Association of Software & Information Services (BASIS) spoke as the distinguished discussants.  Mr M S Siddiqui, the Vice President of IBFB moderated the session. 

IBFB President Humayun Rashid presided over the seminar. M.S. Siddiqui, Vice President, IBFB, Lutfunnisa Saudia Khan, Vice President Finance, IBFB and other distinguished Directors & Members of IBFB Dr. Md. Mozibur Rahman, Lt. Gen M. Harun-Ar-Rashid, Bir Protik (Retd.), Engr. Utpal Kumar Das, Helal Ahmed ChowdhuryMohammad Ali Deen, Tauhida Sultana were present. Among others Professor Nazrul Islam, Honorary Chairman, Centre for Urban Studies (CUS), Professor Khondoker Bazlul Hoque, PhD, Department of International Business, University of Dhaka, Dr. Kazi Md. Faisal Hoque, Professor, Dept. of Genetic Engineering & Biotechnology, University of Rajshahi, Professor Md. Ghulam Murtaza, PhD, Honorary Vice-Chairman, Centre for Urban Studies (CUS), Engr. Md. Rashidul Alon, MCIPS, Procurement Specialist, Ministry of Education were also present at the seminar.

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