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Tags : economic zones


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Export processing and economic zones

BANGLADESH’S economic journey is often told as one of overcoming impossible odds. With scarce land, fragile infrastructure, chronic political turmoil and bureaucratic bottlenecks, the country has long seemed ill-suited for large-scale industrialisation. Yet two institutions have fundamentally altered that trajectory. The Bangladesh Export Processing Zones Authority...

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ADB to fund solar power plant at NSEZ

Bangladesh Economic Zones Authority on Sunday inked Transaction Advisory Services Agreement with the Asian Development Bank for setting up Ground Mounted Solar PV (100-200MW) at National Special Economic Zone Project on a Public Private Partnership basis...

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EZ products not exempted from VAT, rules AD

The Appellate Division of the Supreme Court has ruled that products, including edible oil, sugar, cement, and iron, manufactured in the country’s economic zones are not exempted from value-added tax, overturning a High Court verdict that had declared such taxation illegal...

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Yunus invites Kuwaiti investors to investment summit

Chief adviser Muhammad Yunus on Sunday invited Kuwaiti investors to explore opportunities in Bangladesh’s Special Economic Zones and the upcoming Bangladesh Investment Summit to be held in April 7-9 in Dhaka...

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NBR to launch Authorised Economic Operator Feb 23

The National Board of Revenue is going to launch Authorised Economic Operator on Sunday, February 23, to streamline import and export processes by providing a seamless clearance system...

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Govt should ease doing business to better SEZs

INITIATIVES for special economic zones of the Awami League government, which was toppled through a mass uprising on August 5, have almost fallen flat. Modelled on the Chinese success of industrialisation, the initiatives taken in 2015 to set up 97 such zones still fall short of the target. The government of the day planned to set up 68 of them...