The Bangladesh Export Processing Zones Authority (BEPZA) has secured investments totaling US$ 480 million from 32 local and foreign companies in the 2024-25 fiscal year (as of 13 May 2025) across EPZs and the BEPZA Economic Zone (EZ), reaffirming its pivotal role in driving Bangladesh's industrial growth.
As part of this significant investment drive, BEPZA signed a lease agreement with M/s. Qingdao Dongfang Packaging Technology Limited, a Chinese company, to establish a packaging and accessories manufacturing industry in the Ishwardi EPZ.
The signing ceremony took place at the BEPZA Complex in Dhaka on Tuesday, in the presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, says a press release.
Md. Ashraful Kabir, Member (Investment Promotion) of BEPZA, and Mr. Song Shiliang, Chairman of Qingdao Dongfang Packaging Technology Limited, signed the agreement on behalf of their respective organizations.
Qingdao Dongfang Packaging Technology will invest US$ 4.5 million to produce 5.25 million dozen poly bags, hang tags, and paper tags annually, creating employment opportunities for 240 Bangladeshi nationals.
Speaking at the event, BEPZA Executive Chairman expressed gratitude to Qingdao Dongfang Packaging Technology for choosing Ishwardi EPZ as their investment destination.
He emphasized BEPZA's commitment to providing a secure and supportive environment for investors, encouraging the company and other Chinese investors to explore further investment opportunities across diverse sectors.
The signing ceremony was attended by senior BEPZA officials, including Member (Engineering) Md. Imtiaz Hossain, Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Admin) Md. Tazim-Ur-Rahman, and Executive Director (Public Relations) A.S.M Anwar Parvez, along with representatives from Qingdao Dongfang Packaging Technology Limited.
