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PM hopes BEPZA will show efficiency in running SEZs

  • Published at 02:51 pm January 24th, 2018
  • Last updated at 11:50 pm January 24th, 2018
PM hopes BEPZA will show efficiency in running SEZs
Prime Minister Sheikh Hasina wants BEPZA to demonstrate its efficiency through its operation of the newly designed Special Economic Zones (SEZs) across Bangladesh. The premier also praised the role of Bangladesh Export Processing Zones Authority (BEPZA) in the successful operation of the Export Processing Zones (EPZs) in the country. “BEPZA has immense role in diversification of the goods, attracting foreign investment, export growth, creating new employment, and women empowerment,” Sheikh Hasina said while inaugurating “BEPZA International Investors Summit 2018” at Bangabandhu International Conference Centre (BICC) on Wednesday. “I hope that BEPZA will play the same role in successful operation of the 100 SEZs to attract more foreign and local investment and employment generation.” Sheikh Hasina said her government had extended all support to the private sector for rapid industrialization in the country after assuming office in 1996. “My government for the first time organized BEPZA Investors Conference with participation of investors from home and abroad,” she said. The prime minister said the Awami League government expanded the original Chittagong and Dhaka EPZs, and set up export processing zones in Comilla, Mongla, Ishwardi and Nilphamari to create employment opportunities in remote areas. “Most of the EPZs now operating in the country were set up during Awami League’s tenure and the EPZs have brought a dramatic change in the socioeconomic condition of people in those areas,” she said. The government has organized the summit to inform people about the successes of BEPZA under the leadership of Prime Minister Sheikh Hasina. It also aims to showcase Bangladesh’s achievements in the fields of investment, exports and employment through BEPZA. [caption id="attachment_242370" align="aligncenter" width="1024"] PM Sheikh Hasina formally launched Mirersarai Special Economic Zone through videoconference Focus Bangla[/caption] The summit will focus on the special role of BEPZA in strengthening the economic foundation of Bangladesh through a peaceful environment-friendly industrial atmosphere, industrialization, national exports and foreign direct investment (FDI). Commerce Minister Tofail Ahmed, and Chairman of BEPZA Investors’ Association M Nasir Uddin, addressed the function on Wednesday while BEPZA Executive Chairman Major General Md Habibur Rahman Khan gave welcome speeches. Other speakers included Chang Yoe Chong, the managing director of Evergreen Products Factory (BD) Ltd, a Chinese company operating out of Uttara EPZ, and Panna Yasmin, an employee of Karnaphuli EPZ in Chittagong. The prime minister also used the occasion to formally launch the Mirersarai Special Economic Zone by unveiling its foundation plaque through a video conference. The minister for housing and public works, Engineer Mosharraf Hossain, and Deputy Commissioner of Chittagong Md. Jillur Rahman spoke on the occasion from the Mirsarai side. The economic zone will be built on 1,150 acres of land which has already been allocated for the zone. “I hope that BEPZA will be successful in running the Economic Zones like the EPZs,” the premier said. Mentioning that the private sector is playing an important role in expanding industries and exports and creating employment opportunities, Sheikh Hasina said the government is performing the role of a facilitator to promote the private sector.