BEPZA inks deal with SCB to attract more investment in EPZs

Bangladesh Export Processing Zones Authority (BEPZA) and Standard Chartered Bank (SCB) signed a Memorandum of Understanding (MoU) on Tuesday in order to enhance mutual cooperation for attracting more investment in EPZs.

By signing this MoU, SCB will support BEPZA to organise various trade and investment related conferences, seminars, roundtable meetings and exhibitions in home and abroad, claims a statement.

Member (investment promotion) Ali Reza Mazid and Managing Director & Head, Client Coverage, Corporate Commercial & Institutional Banking of SCB Enamul Huque signed the MoU on behalf of their respective organisations.

Executive Chairman of BEPZA Maj Gen Abul Kalam Mohammad Ziaur Rahman and Chief Executive Officer (CEO) of SCB Naser Ezaz Bijoy witnessed the signing ceremony.

Maj Gen Abul Kalam Mohammad Ziaur Rahman said if we work jointly definitely the efforts will be much more effective for both of us in exploring new investors as well as building positive image of country’s business environment.

He said, “Our strength is our 40 years of experience. We have expertise to facilitate new investment comparatively to other organizations.”

Naser Ezaz Bijoy, CEO of SCB said BEPZA has been a game changer in export sector over the periods of time.

He said “Through partnership with this iconic organization, we are committed to work towards driving significant improvement in economic competitiveness and business environment.”