Monday , December 5 2022

BEPZA | Bangladesh Export Processing Zones Authority

BEPZA In order to stimulate rapid economic growth of the country, particularly through industrialization, the government has adopted an ‘Open Door Policy’ to attract foreign investment to Bangladesh. The BEPZA is the official organ of the government to promote, attract and facilitate foreign investment in the EPZs. Besides, BEPZA as the competent Authority performs inspection & supervision of the compliances of the enterprises related to social & environmental issues, safety & security at work place in order to maintain harmonious labour-management & industrial relations in EPZs. The primary objective of an EPZ is to provide special areas where potential investors would find a congenial investment climate free from cumbersome procedures. 

Vision 

To become a significant contributor for economic development of Bangladesh. 

Mission

Strengthen the economic base of Bangladesh through industrialization, promotion of investment, boost up export and generation of employment in the Export Processing Zones. 

About EPZ

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)

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