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Bangladesh Infrastructue > Industry

Contents

Contents

General Detail

General Information

Infrastructure

Vision 2021

Introduction

Surface Transport

Industry

Roads

Ports

Telecom

Power

Oil & Gas

Budget

Budget 2011-12

Banking

Banking

Travel

Travel

Policies

Export Policy

Import Policy

Trade Policy

Foreign Policy

Economic Policy

Trade

Trade

Foreign Direct Investment

Tax Structure

Tax System

Important Contacts

Important Contacts

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Non-Fiscal
I.
Investment

a. All foreign investment secured by law.

b. No upper limit on extent of foreign investment.

c. Full repatriation of profit and capital permissible.

d. Repatriation of investment including capital gains, if any, permissible.

e. Remittances allowed in following cases:

f. All post tax profit and dividend on foreign Capital.

Savings from earnings, retirement benefits, personal assets of individual on retirement/termination of services. Approved royalties and technical fees. No permission required for expansion of the project or product diversification.

II. Project financing and banking
a. Off-shore banking facilities available.
b. Local and international banking facilities also wide-open.

III. Import
a. Freedom from national import policy restrictions.
b. Import of raw materials also allowed on Documentary Acceptance (DA) basis.
c. Advantage of opening back to back LC for certain types of industries for import or raw materials.
d. Import of goods from the domestic tariff area permissible.

IV. Project Implementation
Re-location of existing industries from one zone to another within the country permissible.

V. Operation
a. Sub-contracting within EPZ allowed.
b. Inter-zone and intra-zone export permitted
c. All customs formalities done at the gate site of the respective factory building within the zone.
d. Permission for import/export given in the same day.
e. Repairing and maintenance's of machinery's and capital equipment from domestic tariff area allowed.

VI. Employment
a. Liberal employment of foreign technicians/experts allowed. 
b. Foreigners employed in the zones enjoy equal rights similar to those of Bangladesh nationals.
c. Law forbids formation of any labor union in the zones. Strike within the zones prohibited.

VII. Support Services 
Customs office, Post Office, Medical center, Fire station, Police station etc

DHAKA EXPORT PROCESSING ZONE AND CHITTAGONG EXPORT PROCESSING ZONE


DHAKA EXPORT PROCESSING ZONE


Location:
 Savar
35 km from Dhaka city center
25 km from Zia International Airport , Dhaka
Zone Area: 58 hectares (142 acres)

Land
Total number of plots: 100
Size of each plot: 2000 M2
Tariff: US $ 1.50/M2/year

Standard Factory Building
Space: 72,000 M2 in 16 blocks
Tariff: US $ 2.00/M2/month

Warehouse
Space: 2,300 M2
Tariff: US $ 2.00/M2/month

Utility Services 
Water supply: CEPZ gets water from Chittagong WASA
Storage Capacity: 45, 20,000 litters/day
Tariff: Tk. 13.56 per M3
Power Supply: 11 kV, 3 phases, and 50 cycles
Tariff: Tk. 2.86 per kWh (Industrial use)
Gas supply: 1, 36,000 M3/day or 5,667 M3/hour
Tariff: Tk 3.64 per M3 (Industrial use)

CHITTAGONG EXPORT PROCESSING ZONE

Location: 2.40 km from Chittagong Sea Port
5.63 km from the main business center of Chittagong 
7.24 km from the Chittagong International Airport
Zone Area: 255 hectares (630 acres)

Land
Total number of plots (planned): 430
Size of each port: 2044 M2
Tariff: US $ 1.50/M2/year

Standard Factory Building
Space: 39,000 M2 in 16 blocks
Tariff: US $ 2.00/M2/month

Utility Services
Water supply: DEPZ gets water from its own water supply system
Tariff: Tk. 13.56 per M3
Power Supply: 11 kV, 3 phases, and 50 cycles
Tariff: Tk. 2.70 per kWh (Industrial use)
Gas supply: DEPZ gets gas from the Titas Gas Field
Tariff: Tk 3.64 per M3 (Industrial use)

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