The National Board of Revenue plans to bring more export-oriented sectors under the bonded warehouse privilege so that entrepreneurs can import raw materials duty-free, said its chief yesterday.
Operators of private economic zones in Bangladesh should review their infrastructure and logistic masterplans to ensure the maximum utilisation of the existing facilities, according to M Masrur Reaz, chairman of the Policy Exchange of Bangladesh.
A Nigerian delegation visiting Bangladesh has requested the authorities to create an economic zone in the country for the members of D-8 Organisation for Economic Cooperation, also known as Developing-8, said sources. "We have told them that it is under our consideration," said Shaikh Yusuf Harun, executive chairman of Bangladesh Economic Zones Authority (Beza). D-8 is an
Ten multinational companies are going to invest around Tk2,000 crore in Bangladesh to boost local production and marketing of textile chemicals, which are now largely import dependent. According to sources at the Bangladesh Investment Development Authority (Bida) and the Bangladesh Economic Zones Authority (Beza), four multinational companies have already been allocated space
Taiwanese apparel manufacturer Makalot Industrial Co Ltd is going to invest $17 million in Bangladesh to set up a factory in the Bay Economic Zone in Gazipur. According to Bangladesh Economic Zones Authority (Beza) sources, the Bay Economic Zone today will sign an agreement with Makalot (BD) Ltd for allotting over 10,000 square metres of space in the Bay Economic Zone.