Bangladesh’s long-delayed Chinese Economic Zone (EZ) projects have entered a new phase of implementation, with the potential to attract billions of dollars in foreign direct investment (FDI) and generate around 150,000 direct manufacturing jobs.
The renewed momentum follows agreements signed during Prime Minister Tarique Rahman’s recent visit to China, reviving the dedicated Chinese industrial zones in Anwara, Chattogram, and Mongla, Bagerhat after nearly a decade of delays.
The Anwara Economic Zone, located near the Karnaphuli Tunnel and Chattogram Port, is expected to create approximately 100,000 jobs by attracting investment in export-oriented sectors such as apparel, pharmaceuticals, light engineering, semiconductors, electronics, and medical equipment. Meanwhile, the Mongla Port-based industrial hub is projected to generate another 50,000 jobs through integrated logistics, bonded warehouse, and cold-chain infrastructure.
Bangladesh Economic Zones Authority (BEZA) has restructured the project framework, while the government has approved Tk4,189 crore in supporting infrastructure, including concessional financing from China.
Officials also expect the initiative to unlock a broader Chinese investment pipeline valued at approximately $9.21 billion across 11 industrial sectors, strengthening Bangladesh’s position as an emerging manufacturing destination. However, analysts stress that timely infrastructure development, reliable energy supply, and efficient project execution will be critical to realizing the full economic potential of the zones.
