Bangladesh Export Processing Zones Authority

Title: Bangladesh Export Processing Zones Authority Category: Government & Politics / Government & Ministry Clicks: 8 Listing added: Jul 9, 2007 Comments: 0

Inorder to stimulate rapid economic growth of the country, particularly through industrialization, the government has adopted an Open Door Policy to attract foreign investment to Bangladesh. The Bangladesh Export Processing Zones Authority (BEPZA) is the official organ of the government to promote, attract and facilitate foreign investment in the Export Processing Zones. The primary objectives of an EPZ is to provide special areas where potential investors would find a congenial investment climate, free from cumbersome procedures. We have eigth EPZs in Bangladesh. At the moment five of them is in operation and other three (Ishwardi, Adamjee and Karnaphili) are in the implementation stage. These are: 1 . EPZ-Chittagong, 2 . EPZ-Dhaka, 3 . EPZ-Mongla, 4 . EPZ-Ishwardi, 5 . EPZ-Comilla, 6 . EPZ-Uttara, 7 . EPZ-Adamjee, 8 . EPZ-Karnaphuli