The Bangladesh Export Processing Zones Authority (BEPZA) has for the first time signed land lease agreements with four local and foreign companies to set up industries in the economic zone. The agreements were signed on Saturday (19 February) with three companies owned by the United States, China, and Sri Lanka and one Bangladeshi company at the BEPZA complex in Dhaka. The companies will invest US 50 million (Tk 430 crores) in garments, garments accessories, camping equipment and shoe accessories, and tent production. BEPZA hopes to create employment opportunities for 23,453 people.
BEPZA Member (Investment Development) Ali Reza Majid and Univogue Garment Company Limited Director Jagath Priyantha, Fengqun Composite Material Company (BD) Chairman He Zaiqun, Campex (BD) Limited Representative Shahadat Musharraf Khan, and TexTrim Labels (BD) Managing Director Abul Kalam Sikder signed the agreement on behalf of their respective organisations. With the signing of this agreement, the establishment of industries in the BEPZA Economic Zone established in Bangabandhu Sheikh Mujib Shilpa Nagar officially started.
Chief Secretary to the Prime Minister Dr. Ahmed Kaikaus said, ‘BEPZA has a unique magnetic force to attract investment, which is really contributing to the economic development of the country. BEPZA is not only connecting us with the global economy but also helping to improve the quality of life of the people of the country.’
BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, NDC, PSC said, ‘BEPZA is now one of the most successful organisations in the country, capitalising on its 40 years of experience, capabilities, skills, and professional excellence in serving the country’s export-oriented industry. Confidence of investors has made BEPZA a brand in the international arena.’
The Executive Chairman of BEPZA further said, ‘We have received applications for 643 industrial plots to be constructed out of the 539 industrial plots which are available in the BEPZA economic zone, which is very promising. Six companies have been given final approval on the basis of applications from 81 investors for 160 industrial plots prepared in the first phase. Out of which lease agreements have been signed with four companies.’
Shaikh Yusuf Harun, Executive Chairman of the Bangladesh Economic Zones Authority (BEZA), said that BEPZA is successfully managing EPZs efficiently, which is also an inspiration for BEZA. BEZA and BEPZA will be able to jointly make more important contributions to the development of the country in the future.
BEPZA Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Development) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khurshid Alam, BEPZA Economic Zone Project Director Md. Hafizur Rahman and Executive Director (Security) Lt. Colonel ASM Kamruzzaman, and investors from PBGM, BEPZA, and EPZ were present.
