Exports from Bangladesh's EPZs grow 22.41% YoY in H1 FY25: BEPZA

BEPZA executive chairman Maj Gen Abul Kalam Mohammad Ziaur Rahman said BEPZA contributed 29 per cent of total foreign direct investment (FDI) of the country in FY24.

“BEPZA exported products worth $7.07 billion, which is 16 per cent of the total $44.47 billion export income in FY 2023-24,” he was quoted as saying by a domestic news agency.

BEPZA signed agreements with 28 foreign companies to invest $568.49 million in Bangladesh.

Thirty eight countries invested in EPZs under BEPZA during the period. Among these, 108 were Chinese, 61 South Korean, 29 Japanese, 19 Indian, 19 British, 17 US and seven Sri Lankan, he said.

Uninterrupted energy supply remains a challenge, and if that can be addressed, investment flow will not be hit, he noted, adding that the authority has nearly 50 investment proposals at present.

ALCHEMPro News Desk (DS)