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BEPZA aims to attract more investment in EPZs from Italy & Japan

15 Nov '22
2 min read
Pic: BEPZA
Pic: BEPZA

The Bangladesh Export Processing Zone Authority (BEPZA) has sought more investment from Japan and Italy with Ali Reza Mazid, member (investment promotion) of BEPZA, requesting Japan and Italy’s ambassadors to encourage investors from their countries to choose the economic processing zones (EPZs) of Bangladesh as their investment destination.

“BEPZA believes in a partnership of development. We hope more Japanese and Italian industries will be included in the list of BEPZA,” said Mazid. Japan’s ambassador Ito Naoki and Italy’s ambassador Enrico Nunziata visited Uttara EPZ on November 12, 2022, led by foreign secretary (senior secretary) Masud Bin Momen, according to a press release by BEPZA. 

“Japanese investors have a very positive impression of BEPZA as they are getting the services and facilities to run their business smoothly in EPZs,” said Naoki. The ambassador praised BEPZA for creating a fantastic working atmosphere in the EPZs. He thanked the organisation for providing the best services to and cooperating with Japanese investors.

Masud Bin Momen praised BEPZA for its significant contribution to national exports. He urged the ambassadors to work towards bringing more investment in Bangladesh since the country has a liberal investment policy and offers attractive incentives to foreign investors.

Later, the delegation visited four factories of UEPZ i.e. Evergreen Products Factory (BD) Ltd, Sonic (Bangladesh) Ltd, Mazen (Bangladesh) Industries Ltd, and Section Seven International Limited. They observed the production process of those factories and expressed their satisfaction with the working conditions and varieties of products.

Fibre2Fashion News Desk (NB)

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