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BEPZA attracts strong investment despite global challenges

BTJ News Desk
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BEPZA expands northern industrial footprint with new EPZ plans

Bangladesh Export Processing Zones Authority-BEPZA has seen a strong response from both local and foreign investors, signing 26 new investment agreements in the first eight months of FY 2024-25 (July 2024 – February 2025). These agreements represent a total investment of $418.73 million, despite ongoing political and global economic challenges, according to BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman.

Currently, BEPZA oversees 560 companies in its Export Processing Zones (EPZs) and Economic Zones (EZs), with 448 operational and 112 under implementation. During this period, companies under BEPZA have already invested $173.78 million, including $129.73 million in foreign direct investment.

BEPZA aims to further attract FDI in sectors like energy, infrastructure, ICT, electronics, agribusiness, food processing, pharmaceuticals, and healthcare. However, space constraints, infrastructure, and policy modernization remain key challenges, which the authority is actively addressing.

BEPZA’s role in boosting Bangladesh’s exports is evident, with $5.51 billion worth of goods exported from EPZs in the last eight months, contributing 16% of the country’s total exports in FY 2023-24. Plans are underway to establish new EPZs and implement digital service automation to streamline investment procedures.

Additionally, BEPZA has been a pioneer in green industrialization, with 26 LEED-certified factories, reinforcing Bangladesh’s position as a leader in sustainable manufacturing.

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