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Why Invest in Bangladesh EPZ?: Chittagong Dhaka Mongla
Why Invest in Bangladesh EPZ?: Chittagong Dhaka Mongla
Why Invest in Bangladesh EPZ?: Chittagong Dhaka Mongla
cultural and economic emancipation of the mass. Number of steps has also been taken
to attract Foreign Direct Investment (FDl) and facilitate further industrialization in order
to boost up economic development the country. Bangladesh Export Processing Zones
Authority (BEPZA) is the only government organization responsible for creation,
operation and development of Export Processing Zones (EPZ) in the country.
Facilities
1. No UD, IRC, ERC and renewal of Bond license
2. Work permits issued by BEPZA
3. Secured and protected bonded area
4. Off-Shore banking available
5. Import on Documentary Acceptance (DA) basic allowed
6. Bank of Back L/C
7. Import and Export on CM basis allowed
8. Import from DTA (Domestic Tariff Area)
9. 10% sale to DTA (Domestic Tariff Area)
10. Customs clearance at factory site
11. Simplified sanction procedure
12. Sub-contracting with export oriented Industries inside and outside EPZ allowed
13. Relocation of foreign industries allowed
14. Accords Residentship and Cityzenship
15. One Window same day service and simplified procedure.
Support Services
Business : Bank, Courier, Post office, C&F Agent, Shipping Agent, MTO etc.
Administrative : Customs Office, Police Station, In-house Security, Fire Station,
Public Transport, Medical Centre etc.
Others : Restaurant, Health Club, Investors Club, Recreation Centre, School and
College, Sports Complex, Exclusive Telephone Exchange, Electricity Sub Station,
Business Centre, Anglers Club etc.
Indicative List of Industries
Textile
Agro-based Industries
Chemicals
Backward and forward linkage Industries
Electrical Equipment and Components
Electronic Products
Software
Optical Goods
Garments and Garments Accessories
Woven and Knitted Fabrics
Engineering Products
Leather Products and Foot-Wear
Toys
Medical and Biological Instruments
Pharmaceutical Products
Plastic Moulded products
Industries based on new uses of Jute
Cutting/Polishing of Precious and Semi
Precious stones
Household Fittings and Equipment
Head-Wear
Jewellery
Horological Instruments
Scientific Measuring Instruments
Aircraft Instruments
Laboratory Ware
Printing and Publishing
Printing and Copying Equipment & Accessories
Do-it-yourself Tools and Equipment
Musical instruments
BANGLADESH STANDARDS AND TESTING INSTITUTION (BSTI)
. Bangladesh Standards and Testing Institution (BSTI), the only National Standards body of Bangladesh, is
playing an important role in developing and Promoting industrial Standardization.
Keeping in view that Standardization, metrology, testing and quality control in the industrial spheres are
the basic pre-requisite of the infrastructure necessary for sound economic development of the country, the
Government of Bangladesh has established the Bangladesh Standards and Testing Institution (BSTI) with the
merger of Bangladesh Standards Institution and the Central Testing Laboratories in 1985 through promulgating
“The Bangladesh Standards and Testing Institution Ordinance, 1985(Ordinance XXXVII of 1985)”.
The BSTI is a body corporate and its administrative Ministry is the Ministry of Industries.
. The Institution so formed has become member of the International Organization for standardization(ISO) in
1974. At present, BSTI is the Member/Affiliate Member/ Contact Point/ Nodal Point of the following
International/Regional Organizations:
International Organization for Legal Metrology (OIML)
Codex Alimentarius Commission (CAC) of FAO/WHO
International Electrotechnical Commission (IEC)
Asia Pacific Metrology Programme (APMP)
Asian Forum for Information Technology (AFIT)
ISO Information Network (ISO NET)
Standing Group for Standardization, Metrology, Testing and Quality
b. The Standards of weights and Measures Ordinance, 1982 (Ordinance No. XII of
1982).
c. The Bangladesh Standards and Testing Institution (Amendment) Ordinance, 1988
2007
Functions:
Functions: The Functions of the Institutions:
........(a) To set up Bangladesh Standards of quality and dimensions and prepare and promote the
general adoption of standards on national and international basis relating to materials,
commodities, structures, practices and operations and, from time to time, to withdraw, revise,
alter and amend the same;
........(b) To consider and recommend to the Government Bangladesh Standards for the
measurement of length, weight mass, volume, and, energy;
........(d) To secure compliance with the Bangladesh Standards adopted by the Institution by the
producers and users;
........(f) To provide or arrange facilities for examination, testing and inspection of commodities,
processes and practices for any investigation, research or promotion of export that may be
necessary and to issue test reports;
........(g) To certify the quality of commodities, materials, produces, products and other things
including food materials, whether for local consumption, export or import;
........(h) To establish and publish, in such manner as may be prescribed, the Bangladesh Standard
Specifications in relation to any article or process or code of practice;
........(j) To grant, renew, reject, suspend or cancel, in such manner as may be prescribed, a
license for the use of Standard Mark;
........(k) To utilize with the permission of the owners, the services of laboratories other than
those maintained by the Institution and approve such laboratories for the purpose of the
Institution;
........(l) To undertake execution of any trust or any agency business which it may consider
conducive to the attainment of, its objectives;
........(m) To co operate with any person, association, or organization, outside Bangladesh having
objectives, similar to those for which the Institution is established; and
........(n) To do all such acts and things ancillary, or incidental to any of the aforesaid, functions.
..........BSTI performs its responsibilities through 6(six) wings. Each wing is headed by a
Director. The wings are as follows:
STANDARDS WING
LABORATORIES OF BSTI
CERTIFICATION MARKS WING
METROLOGY ACTIVITIES
ADMINISTRATION WING
EPB
Export Promotion Bureau (EPB), Bangladesh under the Ministry of Commerce is a government
agency of the country, entrusted with the responsibilities of promoting export of the country. It is mainly
responsible for:
EPB also assists the Ministry of Commerce in formulating policies related to export of the country.
Export Promotion Bureau functions with its Head Office in Dhaka. It has 3 regional offices in Chittagong,
Khulna and Rajshahi. In addition, there are 3 branch offices at Sylhet, Comilla and Narayangonj.
2. In addition, one more Division and a Cell have been created through in house arrangement. These are:
Policy
ITO
HRD
GSP
The Commodities Development Division works closely with the private sector in solving day-today
problems of the exporters. The Division advises the exporters on the quality of the products, its
marketing and adaptation as well. This division arranges marketing missions abroad to find new markets
and buyers of the specific products. The Commodities Development Division works in Co-operation with
the Bangladesh missions of the concerned country to find new markets of Bangladeshi products and
consolidate the existing ones. It also helps in the amicable settlement of the trade disputes between
Bangladeshi Exporter and Foreign Importers.
The Statistics & Research Division compiles statistics of export of the country. It collects export figures
from different custom stations of the country and after processing prepares monthly export statement.
The monthly export statement is disseminated among the Government and Private sector Organizations
related to export.
Information division:
Information Division:
Publication Section
Trade Information Center
The Administration & Finance Division of the Bureau runs the day-to-day administration of the Bureau.
The Finance Section prepares the annual budget of the EPB. The co-ordination branch of the
administration division organizes the meeting of the Board of Management (BOM) of EPB.