Publish: 19:30, 07 Apr, 2025 Updated: 19:49, 07 Apr, 2025

BEZA invites foreign investment in ambitious NSEZ project in Ctg

Online Desk
BEZA invites foreign investment in ambitious NSEZ project in Ctg

The Bangladesh Economic Zones Authority (BEZA) on Monday invited foreign investors to explore opportunities at the National Special Economic Zone (NSEZ), one of the country’s most ambitious development initiatives aimed at transforming its industrial landscape.

The call came as a delegation of around 60 foreign investors visited the NSEZ to assess its potential.

"We want to show the world that Bangladesh is a stable country with huge investment opportunities," one of the BEZA officials said welcoming the investors from South Korea, India, China, Japan, Australia and the Netherlands at the NSEZ.

The visit is part of the Bangladesh Investment Summit 2025 that kicked off in Dhaka on Monday marking a milestone event aimed at reinforcing the country’s commitment to economic progress, investment-friendly policies, and sustainable growth.

The NSEZ is strategically situated beside Bay of Bengal in south-eastern Bangladesh, with transportation routes such as Dhaka-Chattogram national highway Chattogram port and airport.

"For the first time, foreign investors have been brought to see the facilities in person. They have seen the opportunities in their own eyes and they are very impressed," Chief Adviser's Deputy Press Secretary Abul Kalam Azad Majumder told to the media. .

Attracting both domestic and foreign investment in chemical, basic steel, garments, leather products, pharmaceuticals, electronics, automobiles and agro-processing industries and promoting export-oriented and import substitute industries to support local value chains.

This industrial city will also accommodate residential area, financial hub, city centre, educational institutions, tourism facilities and other amenities.

To ensure sustainable industrialization, this city will comprise renewable energy solutions, environmental and social compliance management, green zones, dedicated service areas for effluent treatment and waste management.

The industrial enclave is expected to boost export earnings, contribute significantly to GDP growth and serve as a model for economic zones across Bangladesh.

The NSEZ has attracted approximately $19 billion worth local and foreign investment proposals.

As of today, the total number of investors is about 155, predicted to establish 500 industries in the future, BEZA officials said.

Source: UNB

 

Bd-pratidin English/Lutful Hoque

 

 

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