The Bangladesh Export Processing Zone Authority (BEPZA) has already submitted a draft proposal for the ‘Patuakhali Export Processing Zone’ to the Planning Commission. The project, worth an estimated Tk 14.75 billion, will be completed in 2026, according to the draft proposal. “After the Padma Bridge was constructed, we spoke to them and found they were interested in investing in the [south-western] region. We took up the project as a result.”The export processing zone (EPZ) will be set up across 411 acres of land in the Sadar Upazila’s Auliapur Union and seven acres of land in Kuakata. “The proposed Patuakhali EPZ will be situated next to the Payra seaport and a short distance away from the Mongla seaport.

Source: bd News24 July 05, 2023 14:13 UTC