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Chittagong Export Processing Zone

Coordinates: 22°17′26″N 91°46′33″E / 22.2906°N 91.7758°E / 22.2906; 91.7758
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Portal of CEPZ
Portal of CEPZ
Portal of Chittagong Export Processing Zone

Chittagong Export Processing Zone (CEPZ), also known as Chittagong EPZ, is the first and one of the eight export processing zones in Bangladesh located at South Halishahar in Chittagong.[1] It was established in 1983.[2] In 2010, CEPZ was ranked third in the best cost-competitiveness category and fourth as the best economic potential in the global ranking in a survey among the world's 700 economic zones carried out by FDi magazine.[3] Up to 2022-23, the EPZ has received cumulative investment of US$2.04 billion[4] and have generated cumulative exports of US$40.5bn.[5]

Facilities

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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. [6] 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.[7] The current tariff for renting per sq.m. of plot in this EPZ is US$2.50.[6]

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See also

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References

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  1. ^ "Chittagong Export Processing Zone". BEPZA. Archived from the original on 29 December 2012. Retrieved 10 January 2013.
  2. ^ Rahman, S M Mahfuzur (2012). "Export Processing Zone". In Islam, Sirajul; Jamal, Ahmed A (eds.). Banglapedia: National Encyclopedia of Bangladesh (Second ed.). Asiatic Society of Bangladesh.
  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. ^ a b "Chattogram EPZ Profile Info". BEPZA. Retrieved 2024-01-02.
  7. ^ "Utility Services". BEPZA. Retrieved 2024-01-02.
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22°17′26″N 91°46′33″E / 22.2906°N 91.7758°E / 22.2906; 91.7758