Bangladesh Economic Zones Authority
Profile
- Head
- Chowdhury Ashik Mahmud Bin Harun
- Role
- Executive Chairman
- Annual budget
- —
- Staff
- 130
- Established
- 2010
- Legal basis
- Bangladesh Economic Zones Act 2010 (SRO No. 373-Law/2010); BEZA formally instituted 9 November 2010 under the Prime Minister's Office
BEZA is executing a focused five-zone strategy after formally abandoning the 100-zone rollout target (January-February 2026). The two long-stalled Indian G2G zones at Mirsharai and Mongla were cancelled at a governing board meeting on 26 January 2026. The flagship National SEZ (Mirsharai/Bangabandhu Sheikh Mujib Shilpa Nagar, 33,805 acres) has $1.23 billion in cumulative investment with five units operational. The Japanese EZ (Araihazar) shows early traction with $97 million invested and 3,000 jobs. A joint 180-day action plan with BIDA, PPPA, and MIDA (launched 16 March 2026) targets $5.5 billion in FDI across five priority zones.
Recent activity
- 2026-03-16 policy BEZA, BIDA, PPPA, and MIDA jointly unveiled a 180-day investment facilitation action plan covering single-window digitization (BanglaBiz), inter-agency coordination, FDI pipeline development in agribusiness, pharmaceuticals, leather, textiles, and IT, and a new FDI incentive scheme. ↗↗↗
- 2026-02-28 reform Financial Express reported BEZA's strategy pivot: 100-zone rollout formally abandoned; five priority zones (National SEZ/Mirsharai, Srihatta, Japanese EZ/Araihazar, Maheshkhali, Jamalpur) selected for concentrated infrastructure investment targeting $5.5 billion FDI and 230,000 jobs. ↗↗
- 2026-01-26 policy BEZA governing board meeting chaired by Chief Adviser Muhammad Yunus formally cancelled both Indian G2G economic zone projects: 323.75 hectares (approx. 800 acres) at Mirsharai, allocated for Indian investors since 2015, reassigned for a defence industrial zone; 110-acre Mongla Indian EZ also cancelled after decade-long stall. Projects were delisted under the March 2025 LoC review agreement. ↗↗↗
- 2026-02-12 international Investor enquiries at the Japanese Economic Zone (Araihazar, Narayanganj) increased significantly after February 12; three companies already operational with combined investments exceeding $97 million and approximately 3,000 jobs created. A 230 kV power substation nearing completion. Zone targets 70,000-80,000 jobs at full capacity. ↗↗
- 2026-03-01 international BEZA engaged an international developer for a 'Green Factory Hub' at the National Special Economic Zone (Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsharai-Sitakunda-Sonagazi, 33,805 acres). Cumulative investment in the zone reached $1.23 billion by end-2024 with five industrial units operational; zone targets $20 billion investment and $25 billion in exports with 1.5 million jobs over 15 years. ↗↗
- 2025-11-01 regulation Sumitomo Corporation's proposed majority stake acquisition in the Japanese Economic Zone (Araihazar) flagged by the Economic Relations Division (ERD) as against national interest; review ongoing as of early 2026. ↗
Provenance & notes
Executive Chairman Chowdhury Ashik Mahmud Bin Harun concurrently heads both BIDA (appointed 12 September 2024) and BEZA (additionally appointed 18 September 2024); he is the first private-sector appointee to lead either agency. On 7 April 2026 the Cabinet Division granted him state minister rank. BEZA's governing board is chaired by the Chief Adviser (Prime Minister equivalent under the interim government) with members including the Finance Minister and Bangladesh Bank Governor. Staff count of 130 is the sanctioned strength per BEZA's own 'at a glance' page; actual deployed headcount not separately published. Annual budget not disaggregated in any accessible public source; set to null. The 'Bangabandhu Sheikh Mujib Shilpa Nagar' brand name is under review by the interim government but retained here as the legal/official name per BEZA's own website as of May 2026. The Indian EZ at Mirsharai (323.75 ha) is distinct from the broader National SEZ spanning 33,805 acres at the same location; the Indian allocation was a sub-parcel now reassigned. The Mongla Indian EZ (110 acres) was a PPP zone with PowerPac-PPMKPPL JV as developer; the Indian G2G layer (not the PPP layer) was what was cancelled. Japanese EZ in Araihazar, Narayanganj is a separate zone from the Mirsharai complex; 'Japanese Mirsharai EZ' in the task brief refers to Japanese investor interest in Mirsharai's National SEZ, not the Araihazar zone.
Sources
- https://beza.gov.bd/about-beza/
- https://beza.gov.bd/about-beza/beza-at-a-glance/
- https://beza.gov.bd/japanese-economic-zone-araihazar/
- https://beza.gov.bd/mirsarai-economic-zone-phase-i/
- https://beza.gov.bd/mongla-economic-zone/
- https://en.wikipedia.org/wiki/Bangladesh_Economic_Zones_Authority
- https://en.wikipedia.org/wiki/National_Special_Economic_Zone
- https://www.tbsnews.net/economy/industry/govt-scraps-indian-economic-zones-project-stalls-1261816
- https://thefinancialexpress.com.bd/economy/hundred-economic-zones-scaled-down-to-five-priority-ezs
- https://www.thedailystar.net/business/economy/news/japanese-ez-shows-early-promise-investment-flows-4172526
- https://www.thedailystar.net/business/news/beza-focus-5-economic-zones-attract-55b-2-years-3794316
- https://www.bssnews.net/news/369319
- https://www.tbsnews.net/economy/4-agencies-including-bida-beza-roll-out-180-day-collaborative-investment-roadmap-1388766
- https://investbangladesh.gov.bd/press-release/joint-180-day-plan-unveiled-for-bida-beza-pppa-and-mida
- https://www.tbsnews.net/economy/sumitomos-majority-stake-japanese-economic-zone-against-national-interest-erd-1304166
- https://www.tbsnews.net/economy/beza-engage-intl-developer-green-factory-hub-special-economic-zone-mirsarai-1126976
- https://asiatimes.com/2025/09/unwinding-indias-failed-economic-zone-in-bangladesh/