The field of business and industry in Bangladesh has been making massive strides in the recent years. One phenomenal development that has greatly contributed to this growth is the establishment of Export Processing Zones (EPZs). Among the numerous EPZs across the country, one such zone that serves as a catalyst for the regional economic progress is the Uttara EPZ located in Nilphamari.
A Brief Introduction to Uttara EPZ
Established in 2001 by the Bangladesh Export Processing Zone Authority (BEPZA), the Uttara EPZ is the nation’s third EPZ and spans over an area of 213.66 acres in Saidpur, Nilphamari district. Since its inception, the zone has spurred growth in terms of both employment opportunities and foreign investment. The zone currently hosts a wide array of industries including apparel, textile, electronics and food processing.
The Impact of Uttara EPZ in Nilphamari
The presence of Uttara EPZ in Nilphamari has had a substantial socio-economic impact on the surrounding region. According to BEPZA’s data, the zone has created employment for nearly 40,000 locals. In addition to this, it has drawn substantial foreign investments, playing a pivotal role in the region’s economic development.
Facilities and Infrastructure
| Facility | Description |
|---|---|
| Industrial Plot | The Uttara EPZ offers industrial plots ranging from 2000 sqm to 5000 sqm, targeting different industry specifications. |
| Standard Factory Building | The zone includes numerous ready-made factory buildings equipped with modern manufacturing facilities. |
| Infrastructure Services | It includes water supply, wastewater treatment, gas and power supply, telecommunication facilities and fire protection system. |
| Social and Recreational Amenities | It includes recreational amenities such as community and cultural centres, schools, hospitals and other necessary civic amenities. |
Conclusion
Overall, Uttara EPZ in Nilphamari plays a vital role in the economic development of Bangladesh. By generating employment opportunities, attracting foreign investments and supporting several local industries, this zone not only boosts the area’s economy but also contributes to the overall nation’s growth.