The document introduces export processing zones (EPZs), which are customs areas that allow manufacturers to import materials and equipment for export goods production without paying duties or taxes. EPZs are governed by open door policies that provide reduced/zero duties and tax relief to attract foreign investors. Bangladesh has eight EPZs under the Bangladesh Export Processing Zones Authority, with the first established in Halishahar, Chittagong in 1983 and the second in Savar, Dhaka in 1993.

1. WELCOME TO MY PRESENTATION
ON
EXPORT PROCESSING ZONE (EPZ)

2. Export Processing Zone (EPZ)
An export processing zone (EPZ) is a customs area
where one is allowed to import plant, machinery,
equipment, and material for the manufacture of export
goods under security, without payment of duty.

3. EPZs are primarily governed by the government’s ‘open door
policy’. Open Door Policy refers to facilities such as reduced or
zero duty fees and tax relief provided by the government which
is mainly used to attract investors for foreign trade, investment,
and foreign loans. As a result, investors have the opportunity to
provide adequate flexibility in conducting business in EPZ
areas, including duty exemptions.

4. In Bangladesh, there have eight (08) EPZ under the
Bangladesh export processing zones authority, or
“BEPZA”. The first EPZ was established in halishahar,
Chittagong, in 1983 followed by the second EPZ in savar,
dhaka in 1993.

5. The End