Facilities of APEZ

Key Site Facts

Location

• Washpur (Basila), Keraniganj Upazila of Dhaka district
• Only approx 4 km away from National Parliament Bhaban
• Desirable location for mid level professionals and executives for civic facilities availability

Road Connectivity

• Located along the Mohammadpur-Keraniganj 120 feet highway Proposed ring road connecting chittagong will pass nearby.

 

 

Rail Connectivity

• A major rail track for passenger and freight transport Kamlapur Railway junction only 15 km from the zone.

 

 

Air Connectivity

• Shahajalal International Airport is only 17 km from the zone.

River Connectivity

• Adjacent to the Burigonga river, A dedicated jetty will be constructed with the zone.

Sea Port Connectivity

• Chittagong Sea port 250 km, Mongla Sea port 150 km.

Utilities

Electricity

• Bangladesh Rural Electrification Board also ready to provide quality electricity
• A 33 KV dedicated line will be drawn from existing 132 KV Grid Substation located nearby

GAS

• 15 MMCFD gas line will be established with the support of BEZA
 
 

Telecommunication

• Mobile connectivity available
• Connected by FOC to the Mohammadpur exchange
• Own Broadband network

Water Supply

• Surface water is available within the zone
• 4 MLD water line will be installed for piping water from Buriganga river
• Ground Water also available within 1000 meter

 

 

 

 

 

Infracture Facilities

• Site Development Works Site Development Works almost 80% completed, Rest 20% land filling is in progress Container Depot and Customs Office will be established
• Boundary Wall Boundary Wall 80% completed, rest 20% construction work is in progress
• Administration Building Admin Building 1st floor completed, another 10 floor will be constructed soon
• Fire Station, Medical Centre, STP, Five Star Hotel Facilities, Investor Club

Suitable for Industries

• RMG
• Light Engineering & Auto Parts
• Finished Leather Goods
• Packaging
• Aeronautical Component Industry
• Telecommunication
• IT-enabled Services
• Electronics
• Automobile/ Motorbike Assembly

 

Incentive Packages

Incentive Package for Unit Investors

• Tax Holiday for 10 years
• Duty free import of raw materials
• Exemption form dividend tax
• Full Repatriation of capital and dividend
• No ceiling of FDI
• 100% Backward linkage raw-materials and accessories to sell for EOI in DTA
• 20% sale of finished product to DTA by EPA
• Sub-contracting with DTA allowed
• Exemption of stamp duty and registration fees
• Exemption of VAT on all utility services
• Duty exemption on export
• Exemption of Custom Duty for import of vehicles
• Exemption of double taxation subject to Double taxation agreement
• Exemption of Salary income tax for expatriates
• Consider Economic Zone as custom bonded area
• Foreign loan is allowed in compliance with existing laws
• FC Account for non-residents
• FC Account for both local and joint venture industry
• Foreign investors to be free to inter into JV
• Tax exemption on capital gains from transfer of shares
• Provision of transfer of shares by foreign shareholders to local shareholders and investors
• Issuance of work permits to foreigners is allowed up to 5% of total officers/employees of an industrial Unit
• Re-investment of remittable dividend to be treated as new foreign investment
• Resident visa for investment of US$ 75,000 or more
• Citizenship for investment of US$ 500,000 or more

Non-Fiscal Incentives

• 100% foreign ownership permissible
• No ceiling on foreign investment
• Full repatriation of capital and dividend
• Foreign currency loan allowed in compliance with existing laws
• Hold nonresident foreign currency deposit account
• EZs will enjoy MFN status
• Sub-contracting with Domestic Tariff Area allowed
• Transfer of shares of foreign shareholders allowed