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BEPZA seeks more Japanese, Italian investments in EPZs

TBP Desk
14 Nov 2022 00:00:00 | Update: 14 Nov 2022 00:19:30
BEPZA seeks more Japanese, Italian investments in EPZs
Visiting Japanese Ambassador Ito Naoki and Italian Ambassador Enrico Nunziata, along with BEPZA officials, at Uttara EPZ on Saturday – Courtesy Photo

Bangladesh Export Processing Zone Authority (BEPZA) has sought more investment from Japan and Italy in the Export Processing Zones (EPZs).

Member (Investment Promotion) of BEPZA Ali Reza Mazid requested Japan and Italy’s Ambassadors so that more Japanese and Italian investors choose the EPZs of Bangladesh as their investment destination.

Ali Reza Mazid made this urge while the Ambassador of Japan Ito Naoki and the Ambassador of Italy Enrico Nunziata visited Uttara EPZ on November 12, led by Foreign Secretary (Senior Secretary) Masud Bin Momen.

Ito Naoki said, “Japanese Investors have a very positive impression on BEPZA as they are getting the services and facilities to run their business smoothly in EPZs.” The Ambassador praised BEPZA for creating a fantastic working atmosphere in the EPZs. He thanked BEPZA for its best services and cooperation provided to the Japanese investors.

Masud Bin Momen praised BEPZA for its significant contribution to the national export. He urged the ambassadors to work for 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 Uttra EPZ , 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 to see the working environment and product of diverse nature.

Among others, Secretary (East) of Ministry of Foreign Affairs Mashfee Binte Shams, Executive Director (UEPZ) Naheed Munshi, Executive Director (Enterprise Services) Md Khorshid Alam, President of Bangladesh EPZ Investors’ Association (BEPZIA) S M Khan and high officials of BEPZA were present during this time.

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