NBR chief lauds Uttara EPZ’s role in development of northern region

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DHAKA, Mar 07, 2021 (BSS) – Chairman of the National Board of Revenue (NBR) and Senior Secretary of the Internal Resource Division, Abu Hena Md Rahmatul Muneem said Uttara Export Processing Zone (UEPZ) is playing a pivotal role in the socio-economic development of northern region by attracting investment, increasing export and generating employments.

The NBR chief made this comment during his visit to Uttara EPZ on Saturday, said a press release.

Rahmatul Muneem said despite the limitations of geographical location, diversified products are being manufactured by setting up industries in UEPZ.

He highly praised the innovative business strategy of the investors of UEPZ.

Member (Investment Promotion) of BEPZA Md Mahmudul Hossain Khan briefed the NBR chairman on the overall activities and recent achievements of BEPZA.

He highlighted some problems of existing investors of EPZs and placed some proposals to ease the policies of NBR to attract more investment in the EPZs.

General Manager of Uttara EPZ Naheed Munshi said 24 operational and five under implementation factories of UEPZ have attracted US$ 210 million investment where employment opportunities were created for 35 thousand Bangladeshi workers.

Different diversified products of world famous brand including model car, wig, optical frame, leather Bags, Coffin Box are being manufactured in Uttara EPZ, she added.

Later, the NBR chairman visited six diversified products manufacturing factories of UEPZ and expressed satisfaction to observe the production activities and overall existing working environment.

Among others, Member (Tax Policy) Md Alamgir Hossain, Member (Vat Policy) Md Masud Sadiq of NBR, Deputy Commissioner of Nilphamari, Customs Commissioner of Rangpur and General Manager (Investment Promotion) of BEPZA were present during this time.