Compiled features on recent developments in regional cooperation and integration in the SASEC region.
The SASEC Subgroup on Customs held a field visit to the Clark Freeport and Special Economic Zone in the Philippines to study integrated customs operations and economic zone management. Senior customs officials from SASEC countries conducted the visit, hosted by the Philippines Bureau of Customs, Port of Clark, to examine operational practices in an active aviation area and special economic zone.
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Tags: ADB, Customs, Economic zone, ICT, SASEC
In the meeting between Bangladesh Prime Minister Sheikh Hasina and His Excellency Bhutan King Jigme Khesar Namgyel Wangchuck and Her Excellency Queen Jetsun Pema, Prime Minister Hasina offered Bhutan the possibility of developing an economic zone in Kurigram, Bangladesh. King Jigme Khesar Namgyel Wangchuck communicated Bhutan’s desire to establish direct transit with Bangladesh through India.
Tags: Bangladesh, Bhutan, Economic zone, Transport
In the Araihazar upazila of the Narayanganj District, Bangladesh, a Japanese Economic Zone is being developed by the Government of Bangladesh and the Japan International Cooperation Agency (JICA). Japan is eyeing to raise $1 billion investment from around 100 companies in the economic zone.
Tags: Bangladesh, Economic zone, Japan, manufacturing
India is set to undertake a number of projects in the city of Khulna, Bangladesh, including a planned Mongla Special Economic Zone (SEZ) for Indian companies. India is also offering to undertake joint projects with Bangladesh to modernize the Mongla sea port and to construct the Khan Jahan Ali Airport. Trade between India and Bangladesh has seen a substantial increase in the last few years.
Tags: Bangladesh, Economic zone, India
A Bangladesh-Bhutan-India-Nepal (BBIN) economic zone may be declared in an upcoming BBIN seminar and business expo to be held in Siliguri, India, according to Mr. Abdul Matlub Ahmad, President, Federation of Bangladesh Chamber of Commerce and Industry (FBCCI). Mr. Ahmad was in Thimphu, Bhutan to discuss the upcoming BBIN seminar, as well as opportunities for trade and investment between Bangladesh and Bhutan.
Tags: Bangladesh, BBIN, Bhutan, Economic zone, India, Nepal, Trade