The interim government of Bangladesh has decided to establish the country’s first Free Trade Zone and Defense Industrial Zone, according to Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashiq Bin Harun. The announcement was made on Monday at a press briefing at the Foreign Service Academy in Dhaka. The Free Trade Zone will be set up on 600 acres of land in Anwara, Chattogram, while the Defense Industrial Zone will occupy 850 acres in Mirsarai.

The decision was approved at the fourth meeting of the governing board of the Bangladesh Economic Zones Authority (BEZA), chaired by Chief Adviser Professor Muhammad Yunus. Harun stated that the Mirsarai site was previously designated for an Indian Economic Zone under a government-to-government framework, which has now been dropped. He added that countries maintaining good relations with Bangladesh have shown interest in the new project, and details will be disclosed once agreements progress further.

The Defense Industrial Zone will be located within the National Special Economic Zone (NSEZ) in Mirsarai, marking a significant policy shift in Bangladesh’s industrial development strategy.