Thursday, August 27, 2015

Big expansion plans of Business and Industry through more Economic Zones


Bangladesh Economic Zones Authority BEZA, shares its longer period vision to set up 100 economic zones within Bangladesh in the coming 15 years. Planned on 37 different locations, these are expected to create 1 crore jobs, bringing in $40 bn from increased exports, by 2030.

Bangladesh’s big apparel exporting rival, Vietnam has developed 200 of such in the past 15 years. Considering such achievement, BEZA believes we can do our bits and has already granted entrepreneurship licenses, while planning quick development of infrastructure.


Local and foreign investors will be allowed to create industrial plants there. Some locals getting space in Comilla and Narshingdi, Japan, china and India will also receive 4 economic zones, or more in different parts of the country.

Aimed at export diversification, automobiles, pharmaceuticals, along with the categories already underway of IT in Kaliakor and Keraniganj economic zones, and tourism in Teknaf, to balance the strong growth of our apparel sector.

Surely, entrepreneurs will be highly advantaged by these plans of BEZA, as business growth is not taking its foot of the gas in the near future. 

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