BEPZA to show efficacy in running SEZs: PM hopes

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PV Desk : Praising the role of the BEPZA in the successful operation of the country’s Export Processing Zones (EPZs), Prime Minister Sheikh Hasina today hoped that it (BEPZA) would also show its efficiency in effective running of the newly designed Special Economic Zones (SEZs) across the country.

“BEPZA has immense role in diversification of the goods, attracting foreign investment, export growth, creating new employment, and women empowerment. 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,” she said.

The prime minister was inaugurating ‘BEPZA International Investors Summit 2018′ at Bangabandhu International Conference Center (BICC) here today.

Sheikh Hasina said her government had extended all support to the private sector for rapid industrialization in the country after assuming office in 1996. Then, her government for the first time had organized BEPZA Investors Conference with participation of investors from home and abroad, he added.

At that time, she said, only two EPZs – – Chittagong EPZ and Dhaka EPZ– were in operation with limited scale. The Awami League government expanded the 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 Summit has been organized aimed at informing the people about the successes of BEPZA during the present government under the dynamic leadership of Prime Minister Sheikh Hasina as well as showcasing the country’s achievements in field of investment, exports and employment through BEPZA.

The summit will focus on the special role of BEPZA in strengthening the economic foundation of the country through a peaceful environment-friendly industrial atmosphere, industrialisation, national export and foreign direct investment (FDI).

Commerce Minister Tofail Ahmed and chairman of BEPZA Investors’ Association M Nasir Uddin addressed the function while BEPZA Executive Chairman Major General Md. Habibur Rahman Khan gave welcome speeches.

Chang Yoe Chong, Managing director of the Evergreen Products Factory (BD) Ltd., a Chinese Company in Uttara EPZ and Panna Yasmin, an employee of Karnaphuli EPZ in Chittagong also spoke it.

On the occasion, the prime minister formally launched Mirersarai Special Economic Zone through a video-conference.

She launched the operation of the special economic zone with the unveiling of its foundation plaque.

Minister for Housing and Public Works Engineer Mosharraf Hossain and Deputy Commissioner of Chittagong Md. Jillur Rahman spoke on the occasion from Mirersarai side.

The economic zone will be established on 1,150 acres of land and the land 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.

Sheikh Hasina said her government has attached highest importance to private sector as the sector is the main driving force of the country’s economy.

Mentioning that the private sector is playing an important role in expanding industries and exports, creating employment opportunities, she said the government is performing the role of a facilitator to promote the private sector.