The Bangladesh Export Processing Zones Authority (BEPZA) is planning to establish new export processing zones (EPZs) in Rangpur and Sirajganj, aiming to expand industrial development beyond traditional economic hubs and promote balanced regional growth.

The initiative is part of a broader strategy to attract both domestic and foreign investment to the northern region, which has historically seen lower levels of industrialization compared to other parts of the country. By developing dedicated economic zones, BEPZA seeks to create new employment opportunities, strengthen local supply chains, and stimulate economic activity in these areas.

The proposed EPZs are expected to provide investors with access to serviced land, infrastructure, and policy incentives, creating a conducive environment for manufacturing and export-oriented industries. The move aligns with Bangladesh’s ongoing efforts to diversify its industrial base and enhance competitiveness in global markets.

In addition to expanding industrial capacity, the development of EPZs in Rangpur and Sirajganj is expected to contribute to reducing regional disparities by decentralizing economic activity and enabling inclusive growth.

As Bangladesh continues to position itself as a competitive manufacturing destination, initiatives such as these highlight the government’s commitment to strengthening investment infrastructure and unlocking new growth corridors across the country.

Source: The Business Standard