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LONG LIVE OUR FRIENDSHIP
Explore your investment in Economic Zones your investment - our care...
Welcome To
Economic Zones of Bangladesh
Md. Abdul Quader Khan
Social Safeguard Specialist
Bangladesh Economic Zones Authority
Prime Minister's Office BDBL Bhaban, Level 15
12 Karwan Bazar, Dhaka 1215
Bangladesh
www.beza.gov.bd
Bangladesh Economic Zones Authority
100 Economic Zones on 30,000 acres of land in 15 years.
Employment generation for 10 million people.
Increase export earnings US$40 billion per year on an average .
Establishment of an industrial township in Mirsharai, Chittagong on 30000 acres of land.
Contribute to become a developed nation by 2041.
Our Vision
2 25 May 2016
Objectives of BEZA
BEZA was established by the Bangladesh Economic Zones Act 2010 with broad the objective of structural transformation of the economy of Bangladesh through: • Attracting FDI • Developing and diversifying export • Promoting skill, Sharing knowledge and Generating employment • Ensuring dynamic economic benefits for the domestic industry • Social and Environmental sustainability
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Consistent Economic Growth.
Industrious low-cost work force.
Low Cost Energy
Strategic location of Economic Zones.
Competitive Incentives to the Economic Zone Developers and Units Established in the Economic Zones.
Polices and reforms.
Why Bangladesh is your optimal Destination for investment
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Significant access to developed countries.
Access to markets of neighbouring countries
Liberal FDI policy
Treaties with countries to avoid double taxation.
Vibrant pool of talented and qualified young population
Increase in per capita income.
Rising FDI and foreign trade.
Why Bangladesh is your Optimal
Destination for Investment
Market Access.
According to doing business report 1014 Bangladesh stands in the south Asian region in the following positions.
The 2nd easiest place for Doing Business in the SA region
2nd easiest place in the region to do business.
2nd in region on ‘starting a business’.
1st in region on ‘protecting investors’
1st in region on ‘ease of paying tax’
Why Bangladesh is your optimal destination of investment
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How Bangladesh is attractive ?
Japan External Trade Organization (JETRO) in its 2014-15 survey
mentioned that Bangladesh has continued to be an attractive
destination for Japanese companies to do business due to its
lower production cost and labor wage compared to those of 19
countries in Asia and Oceania. In comparison to Japan, the cost
of production in Bangladesh is less than half, (49.5 percent),
while it is 81.9 percent in China, 73 percent in Vietnam and 80.6
percent in India.
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BEZs are Regionally Competitive…
Income Tax exemption 12 years: First 10 years 100%, 11th year 70%, 12th year 30%
Exemption from custom duty on all imports for development of economic zone
VAT Exemption on local purchase Excluding petroleum products
Fiscal Incentives For Developers
BEZs Incentives are Regionally Competitive…
Exemption from stamp duty and registration
fees for land registration for the first time
Exemption of stamp duty and registration
fees of loan/credit document
Exemption from tax on dividend income for 10
years
VAT Exemption on Electricity.
Fiscal Incentives For Developers
Tax Holiday for 10 years
Duty free import of raw materials
Exemption form dividend tax
Full Repatriation of capital and dividend
No ceiling of FDI
100% Backward linkage raw-materials and accessories to sell for EOI in DTA
20% sale of finished product to DTA by EPA
Incentives for Unit Investors
Sub-contracting with DTA allowed
Exemption of stamp duty and registration fees
Exemption of VAT on all utility services
Duty exemption on export
Exemption of Custom Duty for import of vehicles
Exemption of double taxation subject to Double taxation agreement
Exemption of Salary income from IT for expatriates
Incentives for Unit Investors
Consider Economic Zone as custom bonded area
Foreign loan is allowed in compliance with existing laws
FC Account for non-residents
FC Account for both local and joint venture industry
Foreign investors to be free to inter into JV
Tax exemption on capital gains from transfer of shares
Provision of transfer of shares by foreign shareholders to local shareholders and investors
Incentives for Unit Investors
Issuance of work permits to foreigners is
allowed up to 5% of total oficers/employees of
an industrial Unit.
Re-investment of remittable dividend to be
treated as new foreign investment.
Resident visa for investment of US$
75,000 or more.
Citizenship for investment of US$
500,000 or more.
Incentives for Unit Investors
Non-Fiscal Incentives
100% foreign
ownership
permissible
• No ceiling on
foreign
investment
• Full
repatriation of
capital and
dividend
Foreign currency
loan allowed in
compliance with
existing laws
• Hold
nonresident
foreign
currency
deposit account
• EZs will enjoy
MFN status
Sub-contracting
with Domestic
Tariff Area
allowed
• Transfer of
shares of
foreign
shareholders
allowed
• 50 years land
lease period
with scope of
extension
Period TAX Exemption
EZ/SEZ Other than EZ
1st Year 100% 100%
2nd Year 100% 80%
3rd Year 100% 70%
4th Tear 100% 60%
5th Year 100% 50%
6th Year 100% 40%
7th Year 100% 30%
8th Year 100% 20%
9th Year 100% 10%
10th Year 100%
11th Year 70%
12th Year 30%
Comparative Income tax/ Corporate Tax exemption for Developer
Comparative Income tax/ Corporate Tax exemption for unit investors
Period Tax Exemption
EPZ EZ/SEZ
1st Year 100% 100%
2nd Year 100% 100%
3rd Year 50% 100%
4th Tear 50% 80%
5th Year 25% 70%
6th Year 60%
7th Year 50%
8th Year 40%
9th Year 30%
10th Year 20%
Potential Sectors For Investment In Economic Zones
Shipbuilding & Ship Repairing, Steel Rerolling Plants
Power Light Engineering & Auto
Parts
LNG Terminal & Petro-Chemical Plants
Pharmaceuticals
Agro-Processing including Fish
Processing & Cold Chain
Large-scale Export Oriented RMG
Telecommunication
IT-enabled services
Leather Goods
Jute and
Jute-based product 10
BEZA accomplished in the last one year
several milestones …
• Acquired land bank of more than 10000 acres • Land Acquisition in progress for 15000-20000 acres.
Expected to be done in next one year • Awarded license to 7 private economic zones
in the country
• Signed developer agreement for the first PPP economic zone
• World Bank extended its support to BEZA till 2020
• Ongoing discussions with JICA to become equity partner in Japanese Economic Zones
• MOUs for economic zones development signed with India, China and Japan
Status of Private EZ Development
N Name Area (acre)
Location Progress
2 Abdul Monem PEZ
216 Gajaria , Munshiganj • BEZA awarded license on 1 March
2015. • Abdul Monem invested US$ 30
Million • 90% construction of Boundary wall
is completed • MoU is signed with 02 unit
investors • Earth filling is almost completed • Feasibility study and Master Plan
have been cleared by BEZA • EIA is submitted to DOE for
clearance 19
Status of Private EZ Development N Name Area
(acre) Location Progress
3 Meghna PEZ
245 Sonargoan . Narayanganj
• BEZA awarded license to Meghna PEZ on 11 May 2015.
• Meghna group invested US$ 56 Million • Construction of Boundary wall is 80%
completed • Construction of administrative building is going
on • Land development work is going on • Feasibility study and Master Plan have been
cleared by the BEZA
• EIA is submitted to DoE . 4 Meghna
Industrial Zone
80 Sonargoan . Narayanganj
• BEZA awarded license to Meghna Industrial EZ on 11 May 2015
• Meghna group invested US$ 14.92 Million • Construction of Boundary wall is in progress • Appointed TAS firm for Feasibility study .
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Status of Private EZ Development N Name Area
(acre) Location Progress
5 Bay PEZ 40 Gazipur Sadar
• BEZA awarded license to Bay EZ dated on 11 February 2016
• Bay group invested US$ 30 Million • Construction of Boundary wall, land
• MoU is signed with 02 unit investors • development , administrative building is in
progress • Feasibility study and EIA is in process
6 Aman PEZ
90 Sonargoan , Narayanganj
• BEZA awarded license to Aman EZ on 15 February 2016
• Aman group invested US$ 68 Million • Construction of Boundary wall, land
development , administrative building is in progress
• Aman cement invested US$ 120 million • Appointed consultancy firm for feasibility
study and EIA .
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Status of Private EZ Development
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N Name Area (acre)
Location Progress
7 Arisha PEZ
51 Bosila , Keraniganj , Dhaka
• Only 4 km away from National Parliament Bhaban
• BEZA awarded license to Arisha EZ on March14, 2016
• Arisha group invested US$ 80 Million
• Construction of Boundary wall is in progress
• Appointed consultancy firm for feasibility study and EIA.
• 90% Land development completed
Mongla EZ
• Construction of Access Road,
Bridge, Admin Building, Boundary Wall, Power Sub-station and water supply line are ongoing.
• Master Plan, Feasibility report and EIA have been approved.
• Mongla EZ will be the first PPP EZ in the country encompassing an area of 205 acres. Powerpac holding limited and Poweerpac Mutiara Keraniganj Power Plan – a joint venture company has been selected for being appointed as the developer of this zone
Mirsarai EZ
• Developer will be appointed by August 2016 .
• Construction of Access Road , Bridge, Site Development , Retaining Wall, Sluice gate and Embankment are ongoing.
• Roads & Highways Department will construction of a 4 lane highway at Mirsharai EZ.
• BWDB prepares a DPP for protection embankment at Mirsharai EZ , which is now at planning commission for approval.
• Construction of water line and electricity will be carrying out as deposit works by DPHE and REB respectively.
Bangladesh Economic Zones Authority
Shreehatta Economic Zone
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• Land parcel: 240 acre • 35 km from Sylhet and located
adjacent to Dhaka-Sylhet Highway
• Gas off-take is available at 2 km from the site
• Surface water available from Kushiyara River (1.8 km)
• Optical fibre line passing through the highway
• Suitable for integrated textile, ceramics & table wear, pharmaceuticals, paint, food processing etc.
Shreehatta Economic Zone is the next-in-line for
development
Bids invited for selection of developer for development of
Shreehatta EZ
The Economic Zone is located in Maulvibazar District of Sylhet Division, at the converging point of the Dhaka – Sylhet Highway and Sylhet – Maulvibazar Highway at Sherpur. The site is 35 km from Sylhet and 23 km from Maulvibazar. Sreemangal Railway Station is 43 km from the site.
Bangladesh Economic Zones Authority
• Sabrang Tourism park will be the first exclusive tourism park in the Cox’s bazar district encompassing an area of 1027 acres.
• Sabrang is an amazing hill and sea beach territory, multifaced, diverse and admirably beautiful.
• Advantages of the Zone • Located with exclusive beach front • Half an hour Sea cruise to St.Martin-a coral island • 8 km away from Teknaf Land Port • 1 hour proximity to cox’s Bazar Airport • Availability of local operators in tourism sector
Sabrang Tourism Park
Appointment of Developer: International Proposal will be invited in December 2016.
Bangladesh Economic Zones Authority
• Specialty of Tourism Park • Themed Cruise for SentMartin coral island
5 Star hotel , restaurant , Honeymoon park
• Multi Formatted Food Court , Themed Pavilions, Amphi Theatres
• Jungle Jogging Tracks, Night Camps, Eco Friendly Resorts
• High mast Restaurant and Souvenir Shops , Fishing
• Mini Golf Course , Light and Sound show Entertainment zone
• Infant Swimming pool , Cable car • Sky bridge , Touch Pool • Ocenarium, Water sports Complex • Game parlours , Birds Watching and View
Towers
Naaf Tourism Park
Bangladesh Economic Zones Authority
• Located in the Sylhet Division
• Approx. 150 acres of land
• Adjacent to National Highway
• Rail line is in close proximity of site
• 78 km frim Akhaura land port
• 84 km from Sylhet International Airport
• Power lines adjacent to the site
• Gas transmission line runs under the site
• Available surface and round water
East Coast Group Economic Zone (Proposed)
Bangladesh Economic Zones Authority
Fokrul Islam Chowdhury Economic Zone
Item Key Information
Land Gross area 70 acres
Industries to be set up
• Garments
Infrastructure facilities
Gas connection , Power Connection and Land development will be completed by December 2017
Employment Creation
Employment creation is expected to be 30,000
• Located in the Sylhet Division
• Adjacent to Sylhet International Airport
• Rail line is in close proximity of site
• 84 km from Sylhet International Airport
• Power lines adjacent to the site
• Gas transmission line runs under the site
• Available surface and round water
Bangladesh Economic Zones Authority
Stone Crushing Zone, Sylhet
Item Key Information
Land Gross area 133 acres
Industries to be set up
• Stone Crushing
Infrastructure facilities
Gas connection , Power Connection and Land development will be completed by December 2017
Employment Creation
Employment creation is expected to be 20,000
The stone crushing Zone is located in Sylhet District The site is 35 km from Sylhet . Proposed stone crushing zone will be first planned stone crushing zone in Bangladesh which will help to protect environment and ensure health safety of workers.
Bangladesh Economic Zones Authority
Jaflong Tourism Park
Initially 255.83 acres land parcel in Goaingat, Sylhet
~Road sides of Dhaka- Jaflong Highway
~About 55 km away from Sylhet International Airport
~About 330 km away from Chittagong Sea Port
Location Details
~ First planned tourism park in Sylhet
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Realizing the Industrialization of Bangladesh with UK Partners
You are most welcome to the land of Golden Bengal ! Bangladesh and BEZA wish to invite and work together with UK Industries and learn core values which are essential for industrialization of the Nation; Advanced Technologies, Productivity, Human-resources Centric Management, and more, based on our long-lasting friendship between Bangladesh and UK!
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Inauguration of Development Activities of 10 EZs
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Activity in picture
MoU signed with India for development EZ in G2G
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Development Progress of Mongla EZ
Development Pictures of Mirsarai EZ
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Activity in picture
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Construction progress of Meghna Private EZ
Development progress of Abdul Monem Private EZ
Economic Zones –License giving ceremony
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MoU for Utility Connection to EZs
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MoU with REB MoU with Titas Gas
Jaliardiwp SEZ
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Concept plan
