As of May 13th in the current fiscal year, the Bangladesh Export Processing Zones Authority (BEPZA) has attracted $480 million in investments from 32 local and foreign companies across various export processing zones (EPZs). This milestone was highlighted during a lease agreement signing between Bepza and Qingdao Dongfang Packaging Technology Ltd, a Chinese firm, at BEPZA Complex in Dhaka. Qingdao Dongfang will invest $4.5 million in Ishwardi EPZ to establish a packaging and accessories manufacturing plant. The facility will produce 5.25 million dozen poly bags, hang tags, and paper tags annually, and is expected to generate 240 jobs for local workers.
During the ceremony, BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman praised the Chinese firm for choosing Ishwardi EPZ and reaffirmed BEPZA’s commitment to offering a secure and investor-friendly environment. He also encouraged further investments from Chinese companies across diverse sectors. BEPZA views this growing interest as a positive sign for the country’s industrial development and job creation. The authority remains committed to fostering economic growth by facilitating both domestic and foreign investment through enhanced infrastructure, streamlined processes, and dedicated investor support in Bangladesh’s EPZs.
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