A South Korean manufacturing company is set to invest USD 80 million in Bangladesh, reinforcing the country’s growing appeal as a regional manufacturing and export hub. The investment will be made in an economic zone developed by the Bangladesh Export Processing Zones Authority (BEPZA), marking another milestone in Bangladesh–South Korea economic cooperation.

According to officials, the proposed investment in BEPZA will focus on export-oriented manufacturing and is expected to generate significant employment opportunities while strengthening Bangladesh’s industrial supply chains. The project aligns with Bangladesh’s broader strategy to attract high-value foreign direct investment (FDI) in priority sectors through purpose-built economic zones offering modern infrastructure and investor-friendly policies.

BEPZA economic zones are designed to provide streamlined regulatory processes, reliable utilities, and competitive incentives for foreign investors. The South Korean investment reflects growing confidence in these zones, particularly as Bangladesh continues to upgrade its logistics, energy, and industrial ecosystems to support large-scale manufacturing operations.

The new investment is also expected to contribute to technology transfer, skills development, and export diversification. South Korea remains one of Bangladesh’s key investment partners in Asia, with companies operating across textiles, electronics, engineering, and light manufacturing. This latest commitment further deepens bilateral economic ties and supports Bangladesh’s long-term industrialization agenda.

As Bangladesh advances toward upper-middle-income status, investments of this scale play a critical role in driving export growth, job creation, and industrial competitiveness. The BEPZA economic zones continue to serve as a central platform for facilitating such investments, positioning Bangladesh as a reliable destination for global manufacturers.

Source: The Daily Star