Sun, 24 Sep 2023

Bangladesh: BEZA plans 10 M new jobs in 100 economic zones

Khalid Umar Malik
30 Nov 2021, 15:01 GMT+10

DHAKA, Bangladesh - Bangladesh Economic Zones Authority (BEZA) hopes to create 10 million job opportunities by 2030 by launching 100 Economic Zones (EZ).

By this, BEZA plans to add an additional $40 billion to the country's economic sector.

The executive member of BEZA, Irfan Sharif, stated on Sunday in the first technical session of Investment Summit 2021.

Irfan said in his presentation: "The government of Bangladesh has taken the initiative to establish 100 Economic Zones across the country by 2030. Through this, we are expecting that 10 million new jobs will be created. On top of that, it will raise our exports by an additional $40 billion."

He informed the audience that BEZA had earmarked 97 locations, and four new economic zones will start very soon in Bogra, Gopalganj, Narayanganj, and Nawabganj.

The chairperson of the first session, "Economic Zone: Exceeding All Expectations," land Minister Saif-uz-Zaman Chowdhury said: "Our economy is moving forward under the prime minister's direction.

"One of our main goals is to establish 100 economic zones within the country by 2030 to consolidate the economy further. This will directly help increase export earnings, and besides, if these are established, a lot of new jobs will be created in each zone."

Chowdhury also said: "Foreign investors are now keen to invest in Bangladesh, and foreign direct investment is growing fast due to the government's policy support for investment."

Prime Minister Sheikh Hasina inaugurated the two-day summit. She called Bangladesh a role model for development and said Bangladesh had done a great job securing economic progress.

More Southeast Asia News

Access More

Sign up for Southeast Asia News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!