EPZ in Bangladesh

An export processing zone (EPZ) is defined as a territorial or economic enclave in which goods may be imported and manufactured and reshipped with a reduction in duties / and/or minimal intervention by custom officials (World Bank 1999). EPZin Bangladesh.

EPZ Provides:

• Plots/factory BLDG in custom bonded area
• Infrastructural facilities
• Administrative facilities
• Fiscal & non-fiscal incentives
• EPZ attracts : foreign & local investment

EPZ in Bangladesh. The Bangladesh Export Processing Zones Authority (BEPZA) is the official organ of the government to promote, attract and facilitate foreign investment in the Export Processing Zones of EPZ in Bangladesh. In order to stimulate rapid economic growth of the country,  the government has adopted particularly through industrialization, an 'Open Door Policy' to attract foreign investment to Bangladesh.  The primary objectives of an EPZ is to provide special areas where potential investors would find a congenial investment climate, free from cumbersome procedures.

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