Economic Reporter :
Bangladesh EPZ Authority is going to set up economic zone on 1150 acres of land at Mirsarai upazila under Chittagong district, said a press release.
Prime Minister and Chairman of BEPZA Governing Board Sheikh Hasina has recently given approval for setting up the ‘BEPZA Economic Zone’, the press release added.
According to the press release, activities of the economic zone will start very soon by formally signing the Memorandum of Understanding (MoU) between Bangladesh Export Processing Zones Authority (BEPZA) and Bangladesh Economic Zones Authority (BEZA).
Presently investors from 38 countries have invested US$ 4,138.87 million in the eight EPZs of BEPZA. But despite of having demand, it was not possible to allot land to the local & foreign investors for the last few years due to scarcity of land in the EPZs located at Dhaka and Chittagong regions. In this fact, it would be possible to allocate land to the potential investors of BEPZA whether the BEPZA Economic Zone starts at Mirsarai nearby Chittagong. Moreover, proven expertise of BEPZA in setting up EPZ, operational experience and professional knowledge will accelerate the activities of development of the BEPZA Economic Zone.
BEPZA is relentlessly working to increase and diversification of export, generation of employment by attracting investment in the country. In the last fiscal year, the EPZs gained US$ 404.36 million investment and exported goods worth US$ 6676.32 million.
