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Japanese delegation lauds EPZs condition as investment-friendly

Update : 17 Nov 2014, 07:01 PM

A Japanese business delegation has lauded the investment-friendly working atmosphere and operational activities prevailing in the country’s EPZs.

The 50-member business delegation led by Soi Hi Yoshimura, executive vice president of Japan External Trade Organization (JETRO) appreciated the EPZ operation while visiting Adamjee Export Processing Zone yesterday in Narayanganj.

The delegation was accompanied by Kei Kawano, country representative of JETRO Bangladesh, according to a BEPZA statement issued yesterday.

Terming Bangladesh’s EPZs the ‘Bonanza for Investors’, Major General Mohd. Habibur Rahman Khan, ndc, psc, executive chairman of Bangladesh Export Processing Zones Authority (BEPZA), urged the Japanese business group to invest more in producing the diversified items in this country.

Briefing the delegation about the overall scenario of EPZs as well as BEPZA, Habibur Rahman said, “BEPZA is an autonomous body under the direct supervision of Prime Minister.

Investors from 37 countries have invested about $3,269m in 432 operating industries of 8 EPZs under BEPZA. The operating enterprises have exported goods worth $41,571m with creating job opportunities for about 3,92,000 Bangladeshi workers.”

The BEPZA strictly maintains various compliance issues, building code, fire-fighting safety etc.

Furthermore, BEPZA also regularly monitor the wages & benefits and rights & welfare of the workers. Industrial-friendly peaceful investment climate is the main attraction of EPZs and the key strengths of EPZs are amicable cohesive teamwork & harmonious relations among Worker-Management-Owner, he said

Referring to the MoU signed between BEPZA and JETRO during the Prime Minister’s visit to Japan in May last, General Habib informed the delegation that BEPZA has reserved 40 plots in Uttara, Ishwardi & Mongla EPZs and one factory building each in Comilla & Adamjee EPZs for the Japanese investors. 

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