Chittagong Export Processing Zone

Chittagong Export Processing Zone
	Entrance of Chittagong EPZ
Native name	চট্টগ্রাম রপ্তানি প্রক্রিয়াকরণ অঞ্চল
Company type	Export Processing Zone
Industry	Export Processing
Founded	1983; 42 years ago
Founder	Bangladesh Export Processing Zone Authority (BEPZA)
Headquarters	Chattogram, Bangladesh
Area served	Global
Key people	BEPZA Chairman
Products	Industrial plots, factory spaces
Revenue	US$40.5 billion (cumulative exports up to 2022–23)
Owner	Government of Bangladesh
Parent	Bangladesh Export Processing Zones Authority

The Chittagong Export Processing Zone (CEPZ) (Bengali: চট্টগ্রাম রপ্তানি প্রক্রিয়াকরণ অঞ্চল), also known as Chattogram EPZ, is the first and one of the eight export processing zones in Bangladesh. Established in 1983, it is located in South Halishahar, Chattogram. In 2010, CEPZ was ranked third globally in cost competitiveness and fourth in economic potential in a survey of the world’s 700 economic zones by FDi magazine.^[3] As of 2022–23, CEPZ has received cumulative investment of US$2.04 billion^[4] and generated cumulative exports of US$40.5 billion.^[5]

Achievement

Ranked third in cost competitiveness and fourth in economic potential by fDi magazine in 2010^[6]

Facilities

Chittagong Export Processing Zine has been established on a area of 453 acres with 501 industrial plots having average plot size of about 2000 sq.m. ^[7] The zone has water supply by a service oriented treatment plan of Chattogram WASA, gas supply by Karnaphuli Gas Distribution Company Limited and power supply from a service oriented power plant run by PDB through own sub-station.^[8] The current tariff for renting per sq.m. of plot in this EPZ is US$2.50.^[7]