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Blow for private economic zones, hi-tech parks as tax benefits go

Tax Exemption Phase-out for Economic Zones & Hi-tech Parks in Bangladesh: Investors and developers of private economic zones (EZs) and hi-tech parks are going to lose the 10-year-long tax waiver on their incomes from the next fiscal year as the government phases out exemptions.

Most state enterprises turned a profit. That was overshadowed by loss-makers

Only 10% of planned economic zones get off the ground in a decade

Delays in Bangladesh Economic Zone Projects: Only 10 economic zones (EZs) have become operational since the Bangladesh Economic Zones Authority (Beza) rolled out its massive industrialisation plan in 2015, raising questions about whether its goal of setting up 100 enclaves will be materialised on time.

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