EPZs attractive destinations for investors, says PM

Prime Minister Sheikh Hasina on Wednesday urged both the local and foreign entrepreneurs to invest in Bangladesh as the country provides maximum facilities for them, reports UNB.

"Those who want to invest, you all can invest here. We want to provide all the necessary facilities to all the local and foreign investors," she said adding that there is ample scope to invest in every sector, including the country's export processing zones run by Bangladesh Export Processing Zone Authority (BEPZA) and economic zones.

The Prime Minister made the call while addressing the inaugural ceremony of BEPZA International Investors' Summit 2018 at Bangabandhu International Conference Centre in the capital.

She inaugurated the works on the economic zone on 1,150 acres of land through a videoconference from the inaugural ceremony of BEPZA International Investors' Summit 2018.

The country's biggest economic zone is going to be set up at Mirsarai in Chittagong. The economic zone will create some 0.5 million jobs and can attract some US$ 5,400 million investment from local and international investors, he said.

The BEPZA Economic Zone will be implemented within the next two years.

The Prime Minister said no other country perhaps can ensure such excellent investment-friendly atmosphere.

"We're providing maximum facilities, including cent per cent repatriation of capital and profit and tax holidays. Besides, we've huge skilled and relatively low-cost workers."

Sheikh Hasina said Bangladesh has also overcome the hurdles in the fields of electricity, energy, roads and other infrastructure facilities.