EPZ in Bangladesh

 

What is EPZ?

 

The full form of EPZ is export processing zone. Currently Bangladesh has eight EPZ (export processing zone). Official authority of EPZ is BEPZA- Bangladesh Export Processing Zone Authority. This is the most important part of our economic growth by exporting garments, leather, leather goods, Mobile Parts, Automobile Parts, Golf Shaft etc, all over the world by those EPZ. Let check all of those EPZ in Bangladesh. The first EPZ was Chittagong export Processing Zone established in 1983 following an Act of Parliament approved in 1980 by the Government of Bangladesh.

 

Adamjee EPZ in Narayanganj

Adamjee EPZ in Narayanganj

Government of Bangladesh announced has approved 37 new Economic zones, which consists governmental, non-governmental and Specialized Economic zone. Bangladesh government also announced 50pc tax relief in Hi-Tech parks, Economic Zones. This kind of decision Bangladesh one step ahead of taking part of global economic.

1.      Adamjee Export Processing Zone

Adamjee Export Processing Zone also known as Narayanganj EPZ is a special economic zone for producing export oriented products located in the industrial city of Siddhirganj, Bangladesh. Established in 2006, it has 245 acres of land with 229 industrial establishments. It is the 6th-largest especial economic zone in Bangladesh

Location

Admjee EPZ located in Adamjinagar, Siddhirganj is15 km from capital city Dhaka. It is 27 km from Hazrat Shahjalal International Airport and 255 KM from the Port of Chittagong

Facility and utility service

It is a completely duty-free zone for production and an export-oriented special economic zone. Adamjee Export processing zone have Water Supply: Treated water through Treatment Plant. Gas Supply from Titas Gas Transmission & Distribution Company Ltd. Tariff Power Supply: Own Sub-station. 11 kV.

Investment and export

As of December 2016, total investment in Adamjee EPZ was $397 million and total export value is $2,251,190,000.

2.      Chittagong Export Processing Zone (CEPZ)

Also known as Chittagong EPZ, is the first and one of the eight export processing zones in Bangladesh located at South Halishahar in Chittagong. In 2010, CEPZ was ranked third in the best cost-competitiveness category and fourth as the best economic potential in the global ranking in a survey among the world’s 700 economic zones carried out by FDi magazine

Location

South Halishahar,Chittagong., CPEZ Entry Rd, Chittagong 4223, Bangladesh

Facilities

Zone area: 183.37 hectares (453 acres)
Number of industrial plots: 501
Plots Size: 2000 sqm Avg.
Tariff for Plot: US $ 2.20 / sqm / year.
SFB Size: 718 to 2350 sqm.
Tariff for SFB: US $ 2.75 / sqm / month.

3.      Comilla Export Processing Zone (CEPZ)

Established: 2000

Zone area: 108.28 hectares (267.46 acres)
Number of industrial plots: 238
Plots Size: 2000 sqm Avg..
Plot Tariff: US $ 2.20 / sqm / year.
Space of Standard Factory Building: 61122.15 sqm.
SFB Tariff: US $ 2.75 / sqm /month.

EPZ in Bangladesh -Customs

EPZ in Bangladesh -Customs

4.      Dhaka Export Processing Zone (DEPZ)

Established: 1993

Zone area: 356.22 acres
Number of industrial plots: 451
Total Standard Factory Building: 17 (Measuring 113422.00 sqm)
Size of each plots: 2000 sqm Avg.
SFB Size: 1500/2200/2800 sqm Avg.
Tariff for Plot: US $ 2.20 /sqm /year.
Tariff for SFB: US $ 2.75 /sqm /month.

5.      Ishwardi Export Processing Zone (IEPZ)

Established: 2001

Zone area: 309 Acres
Number of industrial plots: 290
Plots Size: 2000 sqm Avg.
Plot Tariff: US $ 1.25 / sqm / year.
Space of Standard Factory Building: 20420 sqm.
SFB Tariff: US $ 1.60 / sqm / month.

6.      Karnaphuli Export Processing Zone (KEPZ)

Established: 2006

Zone area: 209.06 acres
Number of industrial plots: 255
Plots Size: 2000 sqm.
Plot Tariff: US $ 2.20 / sqm / year.
Space of Standard Factory Building: 44455.39 sqm.
SFB Tariff US $ 2.75 /sqm /month.

7.      Mongla Export Processing Zone (MEPZ)

Established: 1999

Zone area: 255.41 Acres
Number of industrial plots: 190
Plots Size: 2000 sqm Avg.
Plot Tariff: US $ 1.25 / sqm / year for land.
Space of Standard Factory Building: 18717.68 sqm.
SFB Tariff: US $ 1.60 / sqm / month

8.      Uttara Export Processing Zone (UEPZ)

Established: 2001

Zone area: 213.66 Acres
Number of industrial plots: 180
Plots Size: 2000 sqm. avg.
Plot Tariff: US $ 1.25 / sqm / year.
Space of Standard Factory Building: 20478 sqm.
SFB Tariff US $ 1.60 /sqm /month.