
The Bangladesh Export Processing Zones Authority or BEPZA on 13 June (Sunday) sent provisional allotment letters to 10 foreign and domestic companies as it started allotting plots at BEPZA Economic Zone to the investors.
According to a press communique issued in this direction, the allotment letters to the investors — according to reports amongst the 10 entities that received the allotment letters, one is Bangladesh-based and the rest are from overseas including two from UK, two from South Korea, two from China and one each from US, Hong Kong and Canada — were handed over by the BEPZA Executive Chairman Major General Md. Nazrul Islam even as 70 domestic and foreign companies have applied expressing interest in investing in the BEPZA Economic Zone located at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), Mirsharai, Chittagong.
It may be mentioned here that at present, BEPZA Economic Zone, established on 1,150 acres of land, is undergoing massive construction as part of its 1st phase development work even as the BEPZA expects the economic zone will attract investment of about US $ 4.5 billion and create employment opportunities for around 5 lakh Bangladeshi nationals, after implementation of the whole project.