EIPP Approval Committee Report Overview
The EIPP (Export and Import Policy Plan) Approval Committee report analyzes Bangladesh's official process for reviewing export-import policy approvals and project-level approval status. For Korean firms entering Bangladesh infrastructure projects, understanding this procedure is essential.
The committee reviews foreign participation in major infrastructure, energy, and ICT projects, evaluating project scale, technology transfer plans, and local employment effects. Approval outcomes determine access to tax benefits and import duty exemptions.
EIPP Committee
Authority
Approving body
200+ / year
Cases Reviewed
Projects
75~80%
Approval Rate
Last 3 years
Infrastructure & Energy
Priority Sectors
Construction, power
60~90 days
Review Period
Average
5~10 years
Tax Incentive
Corporate tax exemption
Equipment
Duty Exemption
Project imports
10+ / year
Korean Participation
Rising trend
Approval Process
EIPP Approval Procedure by Stage
| Stage | Content | Typical Duration | Lead Institution | Required Documents |
|---|---|---|---|---|
| Stage 1 | Preliminary review request | 15 days | BOI | Business plan, financial statements |
| Stage 2 | Technical review | 20 days | Relevant ministry | Technical specifications, environment assessment |
| Stage 3 | Committee deliberation | 15 days | EIPP Committee | Consolidated report |
| Stage 4 | Final approval | 10 days | Prime Minister Office | Committee recommendation |
| Stage 5 | Incentive issuance | 30 days | NBR/BOI | Approval certificate and registration |
Incentives Upon Approval
Tax Incentives
Corporate Tax5~10 year exemption (by zone)
Dividend TaxExemption for foreign investors
VATProject equipment duty-free treatment
Customs DutyImport-duty exemption for equipment
Non-Tax Incentives
LandLease rights in special economic areas
VisaFavorable treatment for foreign workers
RemittanceAssured repatriation of profits
DisputeICSID arbitration support
Utilization Strategy for Korean Firms
01
Pre-Committee Coordination
Before filing, coordinate with BOI (Board of Investment) to assess approval feasibility. Through the Korean Embassy and KOTRA Dhaka, arrange meetings with BOI officers and highlight technology transfer and employment impacts early.
02
Technology-Transfer Package
Technology transfer is a core evaluation item in EIPP review. Prepare a concrete transfer plan in advance, including local engineer training, joint R&D, and technical manual handover to strengthen approval probability.
03
Maximize Local Employment Effects
The committee gives high weight to local job creation. Clearly present local hiring plans (construction and operations staff), and include a plan to use local subcontractors for implementation.
04
EDCF-Linked Approval, Acceleration
Projects linked with EDCF (Economic Development Cooperation Fund) funding are processed more smoothly in EIPP. Use this channel with Korean ODA support to secure conditions for Korean equipment and materials.
EIPP Utilization Flow
EIPP Utilization Process
BOI Pre-coordination
Feasibility confirmation
→↓
Submit Application
EIPP Committee
→↓
Review and Approval
60~90 days
→↓
Incentives
Tax and duty relief
→↓
Project Launch
Implementation phase
By translating this report into action, Korean firms can better secure tax advantages and incentives, and participate effectively in Bangladesh infrastructure projects.
EIPP + BSMSN + ODA LinkageReview the analysis on EIPP-BSMSN and ODA-linked projects
2024 KOTRA SeminarReview the 2024 Bangladesh project seminar overview
EIPPApproval CommitteeProjectInvestmentPolicy
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