Bangladesh government has prioritized the establishment of Bangladesh’s first Free Trade Zone (FTZ) in Anwara, Chattogram, as part of a 180-day action plan aimed at accelerating economic reforms, attracting foreign investment, and boosting exports.
Planned on approximately 600 acres, the project is expected to create significant employment opportunities and position Bangladesh as a more competitive global manufacturing hub.
Officials from the Bangladesh Economic Zones Authority said the inclusion of the FTZ in the short-term roadmap reflects strong policy commitment, with implementation expected to begin soon.
The initiative is part of a broader reform agenda presented by Bangladesh Investment Development Authority Executive Chairman Ashik Chowdhury, who recently outlined a 180-day roadmap covering BIDA, BEZA, the Maheshkhali Integrated Development Authority (MIDA), and the Public-Private Partnership Authority (PPPA). The plan includes 25 initiatives focused on infrastructure, investment facilitation, and investment development, with the FTZ identified as a flagship project.
According to officials, policy and regulatory amendments will be required before the zone becomes operational. However, preparatory work is expected to begin shortly given the project’s priority status.
The FTZ model will allow companies to import, store, process, and re-export goods without immediate customs duties, helping reduce costs, improve efficiency, and streamline export procedures. The zone will function as an offshore customs territory with simplified regulations, making it more attractive for foreign investors.
The choice of Anwara is considered strategic due to its proximity to Chattogram Port and the international airport, offering strong logistical advantages for global trade.
To ensure international standards, the government has already formed a high-level committee to develop the legal framework, operational structure, and policy guidelines for the FTZ, drawing on global best practices.
The initiative is also part of a wider effort to strengthen Bangladesh’s position in global supply chains and attract high-quality foreign direct investment, particularly in export-oriented industries.
The FTZ concept gained renewed momentum following last year’s investment summit, where policymakers and business leaders emphasized the need for modern trade infrastructure and investor-friendly industrial zones to sustain long-term growth.
