BEPZA's poor decision
While reading an article in a national daily recently, I noted that BEPZA has issued notices to the foreign investors who are building their factories at the Karnaphuli EPZ.
The article also mentioned that the food department earlier owned the land which, through an official process, was handed over to BEPZA. Now the department needs that land, hence BEPZA has served notice to the foreign investors to stop work.
I find it a suicidal move by BEPZA. Not only will these investors be annoyed and embarrassed, the future of FDI will be bleak. They will also claim huge compensations.
Since the Food Dept & BEPZA are our internal matters, I am sure the Ministry of Commerce, Food and Land should come forward to resolve it by giving alternate land to the department without disturbing the foreign investors. It is not a very difficult situation. It can be resolved if we have the will to do so.
In these difficult economic conditions, we should strive to help these investors in setting up their units here, so that our trade & commerce continue to thrive.
It is my fervent appeal to the ministries concerned to see that BEPZA change their stand immediately in the interest of the country.
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