The Bangladesh Export Processing Zones Authority (BEPZA) has signed a lease agreement with Bangladesh Prothoma Power Supply Ltd., a Chinese company, to establish a battery plates manufacturing industry in the BEPZA Economic Zone (EZ). The agreement was signed by Member (Investment Promotion) of BEPZA Md. Ashraful Kabir, and Managing Director of Bangladesh Prothoma Power Supply Ltd. Leiming Jia, in the presence of BEPZA Executive Chairman, Major General Abul Kalam Mohammad Ziaur Rahman on Tuesday.  The company plans to invest $ 12.24 million dollars in the project, creating employment opportunities for 600 Bangladeshi nationals. They will produce 208 million pieces of battery plates per year for export, contributing to the country's economic growth and development. BEPZA Executive Chairman welcomed the Chinese company's decision to invest in Bangladesh, particularly in the BEPZA EZ, citing the country's favorable business environment, skilled workforce, and strategic location. "We are pleased that Bangladesh Prothoma Power Supply Ltd. will produce a diverse nature product, aligning with BEPZA's objective to foster industrial diversity and economic growth in the country. We assure you of BEPZA's full support in setting up and running operations smoothly in the BEPZA EZ," said Major General Rahman. Bangladesh elected as Vice President of UN Human Rights Council Leiming Jia expressed his gratitude to BEPZA for the opportunity to establish a presence in the zone. "We will start operations of our factory in BEPZA EZ within the shortest possible time.  We believe that Bangladesh has immense potential and look forward to a long-term partnership with BEPZA.” The signing ceremony was attended by senior BEPZA officials, including Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md. Tanvir Hossain, Project Director of BEPZA EZ Mohammad Anamul Haque, Executive Director (Public Relations) A.S.M Anwar Parvez and representatives of Bangladesh Prothoma Power Supply Ltd. BEPZA Economic Zone is the largest venture of BEPZA. With this agreement, the authority has signed lease agreements with 37 companies, with a combined investment of US$ 880.74 million. The products of these companies are of diverse nature, showcasing the zone's potential for attracting a wide range of industries.  

Jidalai Co. Ltd., a Chinese company, is set to invest US$ 5.85 million to establish a zipper puller manufacturing facility in the Adamjee Export Processing Zone (AEPZ). The new factory will have the capacity to produce 70 million zipper pullers annually, creating employment opportunities for 189 Bangladeshi workers. Jidalai Co. Ltd. is a strategic business partner of the globally renowned zipper brand YKK. An agreement between Jidalai Co. Ltd. and the Bangladesh Export Processing Zones Authority (BEPZA) was signed at the BEPZA Complex in Dhaka on Wednesday. Irish company Deltaport signs deal to invest US$ 36 million in BEPZA EZ Md. Ashraful Kabir, Member of Investment Promotion at BEPZA, and Hsu Hsueh-Min, Managing Director of Jidalai Co. Ltd., signed the agreement on behalf of their respective organizations. The signing ceremony was witnessed by BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, BSP, as noted in a press release.

Bangladeshi company ASM Packall Export Industry will set up a garments accessories factory at Mongla Export Processing Zone (Mongla EPZ). The company will invest $4.8 million, and 400 Bangladeshi nationals will get employment opportunities at the factory. Read more: Chinese company to invest $ 12.89 million in Mongla EPZ ASM Packall will produce 1 lakh tons of bags, zippers, elastics, tapes, tags, labels, boards, paper bands, photo cards, bar codes, collar stands, and other products annually. Ali Reza Mazid, member (investment promotion) of the Bangladesh Export Processing Zones Authority, and Md Ashraful Alam, managing director of ASM Packall Export, signed an agreement Thursday in Dhaka. Read More: Cotton factory warehouse gutted in Mongla EPZ fire BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman was present at that time.

Lugang Technology (Bangladesh) Limited, a Hong Kong (China) owned company, is going to establish a textile industry at Ishwardi Export Processing Zone (IEPZ). This fully foreign owned company will invest US$ 22.99 million where 3182 Bangladeshi nationals will get jobs, said a press release issued on Wednesday. Read more: EPZs saw all-time high export, investment, job growth in FY22: Bepza The company will produce annually 5,100 tons raw  and dyed yarn. Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Ding Feng, Vice General Manager of Lugang Technology (Bangladesh) Limited signed an agreement to this effect on behalf of their respective organizations on Wednesday at BEPZA Complex in Dhaka. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman was present at the signing ceremony. Read more: BEPZA EZ gets $28m more in investment Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (Investment Promotion) Md. Tanvir Hossain and Additional Executive Director (Public Relations) Anwar Parvez along with representatives of the enterprise were present at the signing ceremony.

Bangladeshi company trendy textiles limited will invest USD $39 million to establish a knit composite textile industry in Dhaka EPZ. The company will produce annually 15 million pieces of T-Shirt, Tank-Top, Polo-Shirt, Sweatshirt, Cotton-CVC Fleece jackets, Trousers, Hoody jackets, Fancy Ladies-Children Wear, and sportswear. The company has signed an agreement to reopen a closed factory of Dhaka EPZ. Read: BEPZA EZ gets $28m more in investment The trendy textiles will create jobs opportunity for 2993 Bangladeshi nationals. Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Nafees Muntasir Khan, Managing Director of Trendy Textiles Limited signed an agreement to this effect on behalf of their respective organizations on Tuesday. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, witnessed the agreement signing ceremony. Read Chinese company to invest $ 12.89 million in Mongla EPZ Members (Engineering) Mohammad Faruque Alam, Nafisa Banu (Finance) executive directors Nazma Binte Alamgir, Md. Tanvir Hossain and Md. Khorshid Alam, among other, were present at the function.

The annual performance agreements (APAs) 2022-23 were signed between the prime minister's office and its attached seven agencies including Ashrayan-2 project on Thursday. PMO senior secretary Tofazzel Hossain Miah and the heads of the agencies inked the agreements on behalf of their respective sides at the PMO. In the APAs, the seven agencies made different commitments over their performances for the fiscal year of 2022-23. Also read: Increase oxygen supply, Corona beds: PMO Prime Minister’s Principal Secretary Ahmad Kaikaus and Principal Coordinator for SDG Affairs at the PMO Zuena Aziz spoke at the signing event presided over by Tofazzel Hossain Miah. The seven agencies are Bangladesh Investment Development Authority (BIDA), Bangladesh Economic Zone Authority (BEZA), Bangladesh Export Processing Zone Authority (BEPZA), National Skills Development Authority (NSDA), Public Private Partnership (PPP) Authority, NGO Affairs Bureau and Ashrayan-2 Project. The APA is a result-based working plan to reach the desired goal through increasing the efficiency and accountability of the public servant. In the 2014-15 fiscal year, the Awami League government introduced the APA method in a bid to get better performance from all the ministries and divisions. In the process, all the subordinate departments, agencies or offices also sign the APAs with their respective ministries, divisions or higher offices.

Checkpoint System Bangladesh Ltd.-Unit 2, a Netherlands-owned company, is going to establish a garments accessories manufacturing industry in BEPZA Economic Zone. The company will invest USD $ 10.52 million to produce annually 1,319 million units of different types of hang tag, tickets, sticker, label and others. 274 Bangladeshi nationals will get employment opportunities in this factory. An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Checkpoint System Bangladesh Ltd.-Unit 2 at BEPZA Complex, Dhaka on Tuesday. Ali Reza Mazid, Member (IP) of BEPZA and Kumudu Athuruliya, General Manager-South Asia of Checkpoint System signed the agreement on behalf of their respective organizations. Also read: Hong Kong trade delegation visits BEPZA BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony. Checkpoint System Bangladesh Ltd.-Unit 2 would be the second enterprise under the same ownership in the industrial zones operated under BEPZA. Their first one, Checkpoint Systems Bangladesh Limited, has been operating since 2009 in Adamjee EPZ. The enterprise initially started their operation in Dhaka EPZ  15 years ago. Senior officials of BEPZA were also present in the agreement signing ceremony.

A delegation from Flanders Investment & Trade (Belgium) led by its investment commissioner Babette Desfossez made a courtesy call on the Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman at BEPZA Complex, in the capital on Monday. They discussed various investment opportunities in the EPZs of Bangladesh. BEPZA Executive Chairman sought Belgian investment in the EPZs and BEPZA Economic Zone. The delegates were briefed about the overall activities, operating procedures, facilities, incentives etc. provided by BEPZA to the EPZ investors. Also read: Chinese Company to set up hair fashion accessories industry at BEPZA economic zone They were also informed on congenial working atmosphere, workers’ rights & compliance, participation of women, BEPZA’s contribution to the national export along with diversified products produced in the EPZs. The delegates lauded BEPZA’s contribution to the national export from only 2307 acres of land of the country's 8 EPZs. They expressed satisfaction over BEPZA’s role in women empowerment. They discussed investment potential in agro-based industry in the EPZs of Bangladesh. Also read:Hong Kong based company Campvalley to invest $ 54 million in BEPZA Economic Zone BEPZA Member (Investment Promotion) Ali Reza Mazid, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md. Tanvir Hossain and Directors of Investment Promotion Division, among others, were present.

Chinese company Venus Beauty Limited will invest USD $ 50 million to set up a hair fashion accessories manufacturing industry in BEPZA Economic Zone. This fully foreign owned company will produce annually 226.09 million pcs of fashion accessories, plastic comb, mirror, headband, pony tailor and amp; pony band. Around 4000 Bangladeshi nationals will get employment opportunities in this factory. The company has another diversified product manufacturing factory named Tung Hing (BD) Manufacturing Limited at Cumilla EPZ. Read: Govt urged to raise prices of low-tier cigarettes to reduce health risk An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Venus Beauty Limited at BEPZA Complex in the capital on Monday. Nafisa Banu, Member (Finance) of BEPZA and AMM Shamsuddin Chowdhury, Executive Consultant of Venus Beauty Limited signed the agreement on behalf of their respective sides. The Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony. Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director(Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam and Project Director of BEPZA EZ Md. Hafizur Rahman, among others, were present in the signing ceremony. Read Belgian delegation meets BEPZA Executive Chairman

Hong Kong-China owned company Campvalley Chittagong Limited will invest USD $ 54 million to set up camping equipment & garment manufacturing industry in BEPZA Economic Zone. This foreign owned company will produce 21.4 million pcs of tents, Bags & backpacks, camping chairs & furniture, luggage, and sleeping bag, different kinds of knit & woven garments, gazebo, umbrella, mattress and furniture frame. A total of 9380 Bangladeshi nationals will get employment opportunities in this factory. Read: Uninterrupted electricity at affordable price govt’s next challenge: Nasrul Mentionable, there are two other tent manufacturing companies in Chattogram and Karnaphuli EPZs under the same owner. An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Campvalley Chittagong Limited at BEPZA Complex, Dhaka on Thursday. Ali Reza Mazid, Member (Investment Promotion) of BEPZA, and Hong Woo Lee, Chairman of Campvalley Chittagong signed the agreement on behalf of their respective sides. Read: Masterchef Australia finalist Kishwar honoured by Australian High Commission The Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony. Member (Engineering) Mohammad Faruque Alam, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam and Project Director of BEPZA EZ Md. Hafizur Rahman, were, among others, present in the signing ceremony. Earlier, BEPZA signed lease agreement with five other companies to set up industries in BEPZA Economic Zone. The companies will invest $ 60 million where 23,582 Bangladeshi nationals will get employment opportunities. Read Chinese Company to set up hair fashion accessories industry at BEPZA economic zone.