Home Business EPZ factories in north-south zone to get 7-yr tax holiday

EPZ factories in north-south zone to get 7-yr tax holiday

epz factories in north-south zone to get 7-yr tax holiday

The investors who will establish industries at three Export Processing Zones (EPZs) at Uttara, Ishwardi and Mongla will enjoy tax holiday for seven years. Besides, they will get land and standard factory buildings at reduced rates, logistic support, connectivity with sea, rail, road and air ways. These were highlighted at an investment promotional seminar held at the conference room of Dhaka Export Processing Zone (DEPZ) to highlight investment prospects before the investors to encourage entrepreneurs to invest more at these EPZs located in the northern and southern parts of the country. The seminar was arranged on Monday aiming at creating interest of the investors for setting up industries in those three EPZs.Zillur Rahman, ndc, Member (Finance) of BEPZA was present at the seminar as chief guest. In his welcome speech, he thanked the existing investors for choosing EPZs under BEPZA for their investment. Assuring the investors to provide all-out supports of BEPZA for operating their business, Member (Finance) urged the investors attended in the seminar to avail of the special opportunities offered for Uttara, Ishwardi and Mongla EPZs. He requested the investors of DEPZ to expand their investments in those three EPZs as there is scarcity of land at Dhaka EPZ. Md. Abdus Sobhan, General Manager of DEPZ described the congenial investment-friendly atmosphere at Uttara, Ishwardi and Mongla EPZs through video documentary and power point presentation. Abdus Sobhan hoped that the investors would be benefited in extended trade various infrastructure facilities like transportation through the Padma Bridge, Asian Highway and operation of Bagerhat airport.