BEPZA seeks more Japanese and Italian investment in EPZs

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

Member (Investment Promotion) of BEPZA Ali Reza Mazid requested Japan's and Italy's ambassadors so that more Japanese and Italian investors choose the EPZs of Bangladesh as their investment destination, said a press release. 

"BEPZA believes in partnership of development. We hope more Japanese and Italian industries will be included in the list of BEPZA." Ali Reza Mazid made this urge while Japanese Ambassador of Ito Naoki and Italian Ambassador Enrico Nunziata visited Uttara EPZ on 12 November 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 businesses 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 UEPZ, including Evergreen Products Factory (BD) Ltd, Sonic (Bangladesh) Ltd, Mazen (Bangladesh) Industries Ltd and Section Seven International Limited.

They observed the production process in those factories and expressed their satisfaction to see the working environment and products of such a 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.