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The Bangladesh Export Processing Zones Authority Act, 1980

( ACT NO. XXXVI OF 1980 )

Objects of the Authority
1[4A. The objects of the Authority shall be-
 
 
 
 
(a) to foster and generate economic development of Bangladesh by encouraging and promoting foreign investments in a Zone;
 
 
(b) to diversify the sources of foreign exchange earnings by increasing export of Bangladesh through a Zone 2[;
 
 
 
 
(c) to encourage and foster the establishment and development of industries and commercial enterprises in a zone in order to widen and strengthen the economic base of Bangladesh;
 
 
 
 
(d) to generate productive employment opportunity and to upgrade labour and management skills through acquisition of advanced technology.]

  • 1
    Section 4A was inserted by section 2 of the Bangladesh Export Processing Zones Authority (Amendment) Ordinance, 1984 (Ordinance No. XLIX of 1984)
  • 2
    The semi-colon (;) was substituted for the full-stop (.) and clauses (c) and (d) were added by section 4 of the Bangladesh Export Processing Zones Authority (Amendment) Ordinance, 1986 (Ordinance No. LII of 1986)
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