Promoting Inclusive Growth in Bangladesh through Special Economic Zones
Eradicating poverty by accelerating economic growth and generating employment opportunities through industrialization is a key policy priority for Bangladesh. The Government of Bangladesh has decided to establish 100 Special Economic Zones (SEZs) for creating 10 million jobs and generating an additional $40 billion of exports. By offering attractive fiscal and financial incentives, and serviced industrial plots, these economic zones are expected to mobilize investments from both domestic and foreign sources. The Seventh Five Year Plan of Bangladesh intends to use SEZs as a policy tool for inclusive growth by promoting development in lagging regions within the country.
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