Growth of BEPZA: Perception and Realities.

1. Growth of BEPZA: Perception and Realities. Presented by ACCOUNTS & FINANCE DEPARTMENT

2. BEPZA Revenue Growth Which aspects of the financial statements are significant: • Since BEPZA is a self-financing organization. We must financially survive. In decision making In cost reduction Future action plan

3. Factors that can be considered to keep up the pace of income: Since BEPZA’s income depends on investment 1. Increasing investment: what ADVANTAGE exists Now :As a developing south Asian country with a fast-growing economy, Bangladesh can view this as a golden opportunity for attracting FDI. since the investment situation will change drastically in the post-pandemic period, BEPZA will need to make particular efforts to attract international investors to keep the growing stable.

4. (B) Comparative analysis between different countries based on a business index. Figure 1: Showing global RMG export market shares of the top countries (2019).

5. 2. Improving facilities for investors recreation for attracting investors, (Like three stars standard Hotel, playground, swimming pool, food court, etc.) 3. An adequate work environment will encourage investor’s to invest more. it will also contribute to income enhancement.

6. 4. To increase revenue by establishing commercial buildings in front of EPZ. It will be analyzed and decided whether it will be financially profitable or not.

7. 5.Increasing the income sector by providing other facilities. (broadband internet, quality utility service etc.) i) Revenue can be increased by providing internet service (royalty fee), quality utility service, ETP, etc.ii) Introduce own water purification system in all zones of Bepza like DEPZ.iii) To Operate AMR meters under BEPZA's own supervision.Iv) Establishment and management of central waste water management in all zones under Bepza management. (It will be analyzed and decided whether it will be financially profitable or not.)

8. 1. Cost control and ensure internal good governance. A.Cost control is the practice of identifying and reducing organizations expenses to increase income and it starts with the budgeting process. and practice internal good governess also.B. Ensuring of Internal control system. Factors that can be considered to keep up the pace of financial discipline • 2. Reduce outstanding dues. Needs to be implemented properly BEPZA billing procedure. that can help us with Our financial mobilization. 3. ERP and billing software matters need to be best implemented.

9. To implant investment related performance audit. ( To assess how much it was supposed to be implemented and how much it has been achieved in reality. Investor project proposal, Export, Actual investment, Employment and others). Enhancing of organizational discipline. Responsibility Transparency Efficiency

10. . Factors that can be considered to maintain investment friendly environment . a. Set up a vendor development program to support the match-making process between the foreign customers and local suppliers.B. Investors take investment decisions considering the airport, sea port, railway communications systems, road connectivity etc.

11. To keep the zone area clean and tidy and maintain to investment/ working friendly environment. Increase Agri-friendly opportunities in Epzs. BEPZA needs to study/ identify the causes of sick industries in EPZs.

12. Other Factors that may be considered Simplification of VAT and tax matters for investment friendly. Eliminate complications in various licensing matters related to investment. BEPZA's reputation should be spread everywhere in the country and abroad.

13. WELFARE & BENEFITS To provide various facilities for Bepza officers & staff. (House Building loan, Car loan , Moderate the existing Organogram, Changes of designations, etc). Others : Shift BEPZA executive office from Dhanmondhi R/A to Agargaon, Shere -BanglaNaghar. (For better communication of investors & officials) Upgrade EPZ’s Medical center.

14. Q&A

15. Thank you