Chittagong Export Processing Zone

Chittagong Export Processing Zone
Native name
চট্টগ্রাম রপ্তানি প্রক্রিয়াকরণ অঞ্চল
Company typeExport Processing Zone
IndustryExport Processing
Founded1983; 42 years ago (1983)
FounderBangladesh Export Processing Zone Authority (BEPZA)
Headquarters
Chattogram
,
Bangladesh
Area served
Global
Key people
BEPZA Chairman
ProductsIndustrial plots, factory spaces
RevenueUS$40.5 billion (cumulative exports up to 2022–23)[1]
OwnerGovernment of Bangladesh
ParentBangladesh Export Processing Zones Authority

The Chittagong Export Processing Zone (CEPZ) (Bengali: চট্টগ্রাম রপ্তানি প্রক্রিয়াকরণ অঞ্চল), also known as Chattogram EPZ, is the first and one of the eight export processing zones in Bangladesh. Established in 1983, it is located in South Halishahar, Chattogram. In 2010, CEPZ was ranked third globally in cost competitiveness and fourth in economic potential in a survey of the world’s 700 economic zones by FDi magazine.[3] As of 2022–23, CEPZ has received cumulative investment of US$2.04 billion[4] and generated cumulative exports of US$40.5 billion.[5]

Achievement

Ranked third in cost competitiveness and fourth in economic potential by fDi magazine in 2010[6]

Facilities

Chittagong Export Processing Zine has been established on a area of 453 acres with 501 industrial plots having average plot size of about 2000 sq.m. [7] The zone has water supply by a service oriented treatment plan of Chattogram WASA, gas supply by Karnaphuli Gas Distribution Company Limited and power supply from a service oriented power plant run by PDB through own sub-station.[8] The current tariff for renting per sq.m. of plot in this EPZ is US$2.50.[7]

  • Freeport circle
    Freeport circle
  • CEPZ circle
    CEPZ circle

See also

References

  1. ^ "Year Wise Export". BEPZA. Retrieved 2024-01-02.
  2. ^ "Year Wise Investment". BEPZA. Retrieved 2024-01-02.
  3. ^ "Ctg EPZ ranks 4th in global ranking". The Daily Star (Bangladesh). Retrieved 10 January 2013.
  4. ^ "Year Wise Investment". BEPZA. Retrieved 2024-01-02.
  5. ^ "Year Wise Export". BEPZA. Retrieved 2024-01-02.
  6. ^ "Ctg EPZ ranks 4th in global ranking". The Daily Star (Bangladesh). Retrieved 10 January 2013.
  7. ^ a b "Chattogram EPZ Profile Info". BEPZA. Retrieved 2024-01-02.
  8. ^ "Utility Services". BEPZA. Retrieved 2024-01-02.
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