Established in 2010 under the leadership of Prime Minister Sheikh Hasina, the Bangladesh Economic Zones Authority (BEZA) has emerged as a formidable force, attracting an impressive US $ 26 billion in investment proposals.
Demonstrating its effectiveness, BEZA has already seen approximately US $ 5.40 billion materialise in investments across various Special Economic Zones (SEZs).
Enacted under the ‘Bangladesh Economic Zones Act, 2010,’ BEZA commenced operations in 2015 with the ambitious goal of establishing 100 economic zones nationwide.
Currently, 97 economic zones have gained BEZA’s approval, including 29 private zones.
Bangabandhu Sheikh MujibShilpa Nagar (BSMSN) in Chittagong stands as the Government’s pioneering endeavour to create a planned industrial zone, slated to evolve into a smart city with comprehensive civic amenities.
This expansive economic zone hosts a diverse array of industries, encompassing garments, agro-processing, textiles, leather goods, shipbuilding, motorbike assembly, food and beverage, chemicals, pharmaceuticals, and renewable energy projects like power and solar parks.
BEZA’s visionary initiatives underscore Bangladesh’s commitment to fostering economic growth and industrial development.
