A 15-member high level delegation of Chinese Textile and Apparel Industry led by Huang Liansheng, the chairman of China CTEXIC Corporation, visited the Executive Office of the Bangladesh Export Processing Zones Authority (BEPZA) in Dhaka on Sunday.
Welcoming the delegation, BEPZA Executive Chairman Maj Gen Abul Kalam Mohammad Ziaur Rahman briefed them on the inception and operation of EPZs in the country, according to a press release.
He said that BEPZA started its journey 43 years ago and has been contributing tremendously to the socio-economic development of the country.
The executive chairman said Bangladesh is moving forward to be a middle income country by 2031 and developed nation by 2041. Foreign Direct Investment, in manufacturing sector, is one of the major tools to achieve the vision, he added.
“Our manufacturing sector is largely dominated by RMG sector due to abundant of low cost workforce but we encouraging investment from diversified sectors like electronics and electrical equipment, vehicle parts, IT products, machinery parts, etc.,” he said.
Ziaur Rahman also urged the Chinese delegation to invest in these diversified sectors apart from the apparel and textile.
Huang Liansheng thanked BEPZA and expressed hope to foster collaboration with BEPZA and explore possible avenues of enhancing investment in textile and apparel industry.
BEPZA Member (Investment Promotion) Md Ashraful Kabir said that BEPZA is the pioneer Investment Promotion Agency of Bangladesh. The authority has been facilitating to the investors of EPZs for 44 year with professionalism, sincerity and dedication.
He called upon the investors to consider investing in EPZs and BEPZA EZ as their next investment destination.
Executive Director (Investment Promotion - Additional Charge) Fazlul Haque Mazumder briefed the delegation on the overall activities of BEPZA including operating procedures, facilities, incentives etc. through a PowerPoint presentation.
