Some 70 foreign businessmen and representatives of companies of different countries like Korea, China, Japan, Australia, India today visited the Korean Export Processing Zone (KEPZ) here at Anwara and National Special Economic Zone (NSEZ) at Mirersarai.
The formal journey of the Bangladesh Investment Summit-2025 began today with such in-field visits by investors to KEPZ and NSEZ.
On the maiden day of the Summit, the Bangladesh Investment Development Authority (BIDA) arranged the visit to country's two industrial KPI mainly dominated by foreign entrepreneurs to apprise and show practically the visiting foreign team regarding existing conducive environment for their investments.
Chief Adviser Professor Dr Muhammad Yunus will make the formal inauguration of the Summit on Wednesday at Hotel Intercontinental in the capital.
BIDA has been organizing this four-day Summit which would continue till Thursday.
The foreign investors from different countries visited various factories of the Youngone Corporation here at the KEPZ from 9:00 am to 12:00 noon. After the factory visit, a presentation was made on the various operations at KEPZ before the foreign investors alongside the local investors.
Korean renowned industrial group Youngone Corporation conducts the operations at the KEPZ.
The foreign investors during their visit to the KEPZ wanted to know about the investment portfolio of the Youngone Group, its produced commodities, export volume, employments and the barriers towards foreign investment.
Developed and managed by Youngone Corporation, a pioneer in Bangladesh's textile and apparel sector, KEPZ reflects global best practices in industrial development and sustainability.
The zone is committed to high-tech industrial development, with 48 green-certified factories spanning 7 million square feet, alongside advanced logistics and warehouse facilities.
Strategically located, KEPZ is positioned along the left bank of the Karnaphuli River, just a 15-minute drive from Chattogram's Shah Amanat International Airport via the Karnaphuli Tunnel. Spanning 2,492 acres, it is the country's largest privately owned and eco-friendly export processing zone.
Through extensive reforestation efforts, Youngone has transformed what was once barren land into a thriving green industrial space, reinforcing its commitment to environmental conservation and world-class operational standards.
The employees in those factories, developed through foreign investments, also expressed their immense satisfaction over the workplace before the local and foreign investors.
Upon the arrival of the investors at the KEPZ, Kihak Sung, the Chairman of South Korean industrial giant Youngone Corporation, received the team and accompanied as well during their inspection at KEPZ.
Highly appreciating the current interim government's efforts, Chairman of Youngone Corporation and a pioneer in Bangladesh's Readymade Garments (RMG) and textile sectors, Sung urged the visiting foreign investors to consider Bangladesh as their future investment destination.
“You can count on this new administration in Bangladesh,” he told the foreign investors, stressing that the interim government is truly serious about ensuring all the facilities for the investors.
Kihak Sung said that many governments in the past sought Foreign Direct Investment (FDI) but the current administration is acting in a very effective way.
He invited the foreign investors to invest in the Korean Export Processing Zone (KEPZ) in Anowara and beyond taking the advantages that the country offers.
Encouraging the investors to invest in Bangladesh, he said Bangladesh is a very resilient country.
Responding to a question of a Chinese investor on the main barrier towards foreign investment in Bangladesh, Sung said although administrative complexities are there, but Bangladesh is one of the best destinations for profitable investments.
Kihak Sung also noted that his company has continuously expanded investment and business here in Bangladesh due to such reasons.
Meanwhile, during the visit of the investors at KEPZ, BIDA experts made a multi-media presentation before the potential entrepreneurs exhibiting the existing investment facilities of KEPZ.
Bangladesh is hosting the global investors and top executives at the Summit aiming to spotlight the country's evolving investment landscape, poised for transformative opportunities and unprecedented growth.
Global investment leaders, executives and industry pioneers will engage in discussion as Bangladesh redefines the future of investment in one of the world’s most dynamic markets in Dhaka until 10 April.
