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Dhaka Tribune

Palak: KEPZ to help boost exports

Korea is now in the sixth position in terms of direct foreign investment to the country

Update : 21 Apr 2021, 07:28 PM

State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak on Wednesday said Korean EPZ high-tech park (KEPZ) will play an important role in facilitating exports of Bangladeshi commodities as the park is being constructed on 100 acres of land in the port city.

“The Korean EPZ high-tech park will play an important role in the economy of the country. It will provide technical support to the entrepreneurs in mentoring, coaching, investment, employment generation, and start-up culture,” he said.

The state minister formally joined an event via Zoom to inaugurated the construction work of the park at Anwara in Chittagong.

Korea is now in the sixth position in terms of direct foreign investment to the country as over 200 Korean companies are now investing in Bangladesh due to favourable infrastructural facilities and an investment-friendly environment, he said.

Bangladesh has been able to maintain the GDP growth at 5.2% due to the promotion of infrastructural facilities, which have been developed under the supervision of the ICT advisor and under the leadership of Prime Minister Sheikh Hasina’s Digital Bangladesh transformation program, he added.

KEPZ Managing Director M Shahjahan moderated the event.

Among others Korean Ambassador in Bangladesh Lee Gang Goon, Korean EPZ Chairman and CEO Kihak Sung.

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