Dhaka, July 10 -- The Cabinet on Thursday approved in principle three major policy measures, including the draft Invest Bangladesh Act, 2026, the National Renewable Energy Development Strategy (2026-2030) and the Import Policy Order, 2026-2029, aimed at improving the investment climate, expanding renewable energy and updating the country's import framework.

The approvals came at the 12th meeting of the Cabinet, held at the Cabinet Room of the Jatiya Sangsad Bhaban with Prime Minister Tarique Rahman in the chair.

The proposed Invest Bangladesh Act, 2026 seeks to bring the Bangladesh Investment Development Authority (BIDA), Bangladesh Economic Zones Authority (BEZA) and the Public-Private Partnership Authority (PPPA) under a coordinated f...