A Chinese delegation from the Quanzhou Maritime Silk Road Industry and Commerce Association has expressed their interest in investing in Bangladesh’s export processing zones (EPZs) and the BEPZA Economic Zone (BEPZA EZ).
The 13-member delegation led by Jinshan Xu, one of the senior members of the association and chairman of QUNFENG Intelligent Machinery Co Ltd, on Monday expressed interest while visiting the Executive Office of BEPZA in Dhaka, according to a press release.
Mentionable, a delegation led by BEPZA Executive Chairman Maj Gen Abul Kalam Mohammad Ziaur Rahman urged for investing in EPZs of Bangladesh at a seminar, titled "Investment Opportunities in the Export Processing Zones and BEPZA Economic Zone of Bangladesh", in Quanzhou City of Fujian Province in China on April 30.
In continuation of this initiative, the delegation is visiting Bangladesh aiming to explore the investment potential of EPZs and BEPZA EZ.
The BEPZA executive chairman welcomed the delegation and thanked them for showing interest in investing in Bangladesh, particularly in EPZs.
He said that Bangladesh is one of the fastest-growing economies in the world. After independence in 1971, Bangladesh had no industry at all but now the country is the second largest garments exporter, he added.
Mentioning Bangladesh as an ideal destination for investment, he said that despite some challenges, Bangladesh is still a better choice for investment.
The BEPZA executive chairman expressed his sincere gratitude to Quanzhou Maritime Silk Road Industry and Commerce Association for assisting in organizing an investment promotion seminar in April this year.
Jinshan Xu said Bangladesh has a great investment opportunity. "We are some members of Quanzhou Maritime Silk Road Industry and Commerce Association visiting Bangladesh to explore the investment opportunity," he said.
The country is developing very fast and attractive destinations for setting up new factories, he added.
BEPZA Member (Investment Promotion) Md Ashraful Kabir said BEPZA is the pioneer investment promotion agency of Bangladesh.
The authority has been facilitating the investors of EPZs for 44 years with professionalism, sincerity and dedication. He requested the delegation to invest in EPZs and BEPZA EZ.
Executive Director (Investment Promotion) Fazlul Haque Mazumder briefed the delegation on the overall activities of BEPZA including operating procedures, facilities, incentives, etc. through a PowerPoint presentation.
Mentionable, the delegation visited Chattogram EPZ and BEPZA EZ on Sunday to know the operating procedure, infrastructural facilities, wage structure of workers, customs procedures, tariff of land, utilities, etc.
