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BEPZA currently oversees the operations of eight export processing zones (EPZ). A ninth zone is scheduled to open in the future. Recently government has announced that in 15 years 100 new EPZ and SEZ will be established. [1] Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc is the current Executive Chairman of BEPZA. The Government ...
In contrast to the export processing zones operated by the Bangladesh Export Processing Zones Authority (BEPZA), which are publicly owned, the new zones were to be funded mainly by private capital and were to allow production for both export and domestic markets.
India was one of the first countries in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. In order to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of world-class infrastructure, and an ...
Mongla Export Processing Zone was inaugurated on 23 May 1998. [4] The zone has received investment from 29 companies as of 2015, of which 16 have gone into production and rest are under construction. [5]
Of this, the Dhaka EPZ exported goods worth US$1,780.73 million. [3] In the 2013-2014 fiscal year, EPZs collectively exported products worth US$5,525.30 million, with Dhaka EPZ contributing US$1,780.72 million. [4] Over the past six years, BEPZA has achieved a 129.55% growth in investment, 155.95% growth in exports, and 112.30% growth in ...
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The Freeport Area of Bataan (FAB), formerly known as Mariveles Free Trade Zone from June 21, 1969 to November 20, 1972, and primarily as Bataan Export Processing Zone (BEPZ) and Bataan Economic Zone (BEZ) from November 20, 1972 to October 23, 2009 and secondarily from October 23, 2009 to June 30, 2010), is a special economic zone in Mariveles, Bataan, Philippines.
The definition of an SEZ is determined individually by each country. According to the World Bank in 2008, the modern-day special economic zone typically includes a "geographically limited area, usually physically secured (fenced-in); single management or administration; eligibility for benefits based upon physical location within the zone; separate customs area (duty-free benefits) and ...