BEPZA signs lease agreement with Qingdao Dongfang Packaging
Bangladesh Export Processing Zones Authority (BEPZA) has secured a total of US$ 480 million in investments from 32 local and foreign companies in the fiscal year 2024-25 (as of 13 May 2025), highlighting its pivotal role in driving Bangladesh's industrial growth. These investments are spread across the Export Processing Zones (EPZs) and the BEPZA Economic Zone (EZ).
As part of this significant investment initiative, BEPZA today (13 May 2025) signed a lease agreement with M/s. Qingdao Dongfang Packaging Technology Limited, a Chinese company, to establish a packaging and accessories manufacturing industry in the Ishwardi EPZ. The signing ceremony took place at the BEPZA Complex in Dhaka, in the presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, BSP, ndc, psc. Mr. Md. Ashraful Kabir, Member (Investment Promotion) of BEPZA, and Mr. Song Shiliang, Chairman of Qingdao Dongfang Packaging Technology Limited, signed the agreement on behalf of their respective organisations.
Qingdao Dongfang Packaging Technology will invest US$ 4.5 million to produce 5.25 million dozen poly bags, hang tags, and paper tags annually, creating employment opportunities for 240 Bangladeshi nationals.
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Speaking at the event, BEPZA Executive Chairman Major General Ziaur Rahman expressed gratitude to Qingdao Dongfang Packaging Technology for selecting the Ishwardi EPZ as their investment destination. He emphasised BEPZA's commitment to providing a secure and supportive environment for investors and encouraged the company, as well as other Chinese investors, to explore further investment opportunities across diverse sectors.
The signing ceremony was attended by senior BEPZA officials, including Member (Engineering) Md. Imtiaz Hossain, Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Admin) Md. Tazim-Ur-Rahman, and Executive Director (Public Relations) A.S.M. Anwar Parvez, alongside representatives from Qingdao Dongfang Packaging Technology Limited.
