Bangladesh Export Processing Zones Authority (BEPZA) is expected to start allocating plots for investors in Jashore Export Processing Zone (EPZ) by the end of 2026.
"The land development works of Jashore EPZ will start soon after completing the tender process. Despite the low land of the EPZ area, I think, we can start allocating plots for investors from the end of 2026. Factory construction work and land development will continue simultaneously," said BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman.
In a recent interview with BSS, Ziaur Rahman said the government has taken the initiative to establish the EPZ in Jashore to attract US$2 billion in foreign direct investment and achieve $2.4 billion in annual exports.
Once fully operational, the EPZ, is being set up on an area spanning around 503 acres of land in Abhaynagar upazila, which will create direct employment opportunities for 1.5 lakh local people and indirect employment for another three lakh people, he added.
He said around 400 industrial plots will be developed in the EPZ.
Ziaur Rahman, however, said BEPZA is establishing the EPZ in Jashore for the socio-economic development of the southwestern region of the country.
Establishing EPZs in the southwest of the country and making use of the Padma Bridge will contribute to the balanced development of the country, he added. "BSS
