Bangladesh Export Processing Zone Authority

The Bangladesh Export Processing Zone Authority (BEPZA) (Bengali: বাংলাদেশ রপ্তানি প্রক্রিয়াকরণ অঞ্চল কর্তৃপক্ষ ) is an agency of the Government of Bangladesh and is administered out of the Prime Minister's Office. Its objective is to manage the various export processing zones in Bangladesh. BEPZA currently oversees the operations of eight export processing zones (EPZ). A ninth zone is scheduled to open in the future. Recently government has announced that in 15 years 100 new EPZ and SEZ will be established.

The Government provides numerous incentives for investors for opening factories in EPZs. For example, new factories enjoy tax holidays for 5 years. Also, labour unions and other activities that are often viewed detrimental to productivity, are banned inside the EPZs.

Below is the list of export processing zones run by BEPZA:

Recently Government has approved 37 new Economic zones, which consists governmental, non-governmental and Specialized Economic zone. Bangladesh government also announced 50pc tax relief in Hi-Tech parks, Economic Zones.

Government also encouraged building of private economic zone.Some are under construction and some are operational.

Bangladesh government Establishing Science and technology based Economic zone to attract foreign FDI. Some projects like Kaliakoir high tech park helped by Word bank and DFID.

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