Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1115 Fri. July 20, 2007  
   
Business


World Bank to help expand EPZs
World Bank (WB) will finance to expand the country's export processing zones (EPZs) as a part of special economic zone, says a press release.

A six-member high profile delegation of World Bank met Bangladesh Export Processing Zones Authority (Bepza) in Dhaka on Tuesday to discuss the issues regarding expansion of EPZs.

Eric D Manes, senior private sector development specialist of Finance & Private Sector Development Unit of South Asia Region of WB, proposed private-public partnership with Bepza for EPZs' expansion while he was talking to Brig Gen Ashraf Abdullah Yussuf, executive chairman of Bepza.

In the meeting the issue of fast completion of the expansion works of Comilla EPZ project as a part of special economic zone was discussed. The WB delegation lauded the success of EPZs and suggested that the EPZs conceive innovative and attractive ideas to help grow the country's economy.

Other senior officials of WB, International Finance Corporation and Bepza were present at the meeting.