Problems relating to Trade and Investment on Bangladesh
10. Restrictive measures for operations in Free Trade Zones ("FTZs") and Special Economic Zones ("SEZs") |
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Issue |
Issue details |
Requests |
Reference |
| (1) Delays and Poor Service in Development and Overhaul of EPZ, SEZ | - The following issues confront enterprises in Special Economic Zones (SEZ): -- Procurement of adequate land property [location (=distance from Dacca city zones)], area, land purchase cost, soil condition, neighboring environment, etc.). -- Attractive incentive package for tenant enterprises. -- Enhanced capacity of the Bangladesh implementing institutions on the receiving end. |
- SEZ Policy - BOI Policy - EPZ Policy |
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| (Action) - On 14 October 2009 at the Joint Meeting of the Japan/Bangladesh Economic Committee, GOJ expressed its desire to Prime Minister Ms. Sheikh Hasina that GOB would restore and maintain the incentive measures made available to enterprises upon their entries into EPZ while expanding the EPZ sites, thereby removing the barriers that would block investment into Bangladesh. - Information is available at JETRO website for sale of land in lots in 5-EPZs for which Bangladesh Export Processing Zones Authority (BEPZA) has committed to give priority to Japanese. - Government of Japan (GOJ)/JICA together are taking responsive actions. |
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