Prime Minister Tarique Rahman chaired a cabinet meeting approving FDI incentive policy and BMU amendment Act. Photo : PMO

DHAKA, June 4, 2026 (BSS) - The cabinet today approved the Foreign Direct Investment (FDI) Incentive Scheme Policy, 2026 and the draft of the Bangladesh Medical University (BMU) (Amendment) Act, 2026.
 
The cabinet gave the approval at its ninth meeting at the Public Administration Meeting Room of the Cabinet Division in the Bangladesh Secretariat here this evening. 
 
Prime Minister Tarique Rahman chaired the meeting.
 
According to the policy summary, the FDI Incentive Scheme Policy, initiated by the Prime Minister's Office (PMO), has been formulated to encourage expatriate Bangladeshis and other Bangladeshi citizens to contribute to attracting foreign direct investment through incentive support. 
 
Besides, the Cabinet also approved the draft of the Bangladesh Medical University (Amendment) Act, 2026, proposed by the Medical Education and Family Welfare Division.
 
The summary of the draft stated that in order to expand the scope of medical services, medical education and research of Bangladesh Medical University, it is necessary to amend the Bangladesh Medical University Act, 1998 to include provisions for the formation of for-profit or not-for-profit companies or organizations by the university and the acquisition of shares, and types of companies or organizations. 
 
The cabinet also congratulated Foreign Minister Dr Khalilur Rahman on his election as President of the 81st Session of the United Nations General Assembly (UNGA).