‘UEPZ plays vital role in dev of N region’

Says NBR Chairman

Staff Correspondent

8 March, 2021 12:00 AM printer

‘UEPZ plays vital role in dev of N region’

National Board of Revenue (NBR) Chairman Abu Hena Md. Rahmatul Muneem visits a diversified products manufacturing factory of Uttara Export Processing Zone in Nilphamari.

Uttara EPZ is playing a pivotal role to the socio-economic development of Northern Region by attracting investment, increasing export and generating employment, said Abu Hena Md. Rahmatul Muneem, Chairman of National Board of Revenue (NBR)

He made this comment during his visit in Uttara EPZ (UEPZ) recently, said a press release.

NBR chairman said that despite the limitations of geographical location, diversified products are being manufactured by setting up industries in UEPZ

He also praised the innovative business strategy of the investors of UEPZ.

Member (Investment Promotion) of Bangladesh Export Processing Zones Authority (BEPZA) Md Mahmudul Hossain Khan briefed the NBR Chairman on overall activities and recent achievements of BEPZA.

He highlighted some problems of existing investors of EPZs and pointed out some proposals to ease the policies of NBR to attract more investment in the EPZs.

General Manager of UEPZ Naheed Munshi said, some 24 operational and 5 under implementation factories of UEPZ have attracted US$ 210 million investment where employment opportunities was created for 35 thousand Bangladeshi workers.

"Different diversified products of world famous brand including model car, wig, optical frame, leather Bags, Coffin Box are being manufactured in Uttara EPZ," she added.  

Member (Tax Policy) Md Alamgir Hossain, Member (Vat Policy) Md Masud Sadiq of NBR, Deputy Commissioner of Nilphamari, Customs Commissioner of Rangpur, General Manager (Investment Promotion) of BEPZA, among others, were also present during the visit.