Spread over 1,000 acres, this special zone is designed to bring in $1.5 billion in investments and create around 100,000 jobs, opening new doors for industrial growth and economic transformation. The zone was officially inaugurated on 6 December and is being developed as one of the most modern, well-planned industrial hubs in South Asia.

What makes Araihazar unique is its strong Japanese involvement. The zone is operated by Sumitomo Corporation, with land development led by TOA Corporation of Japan, while quality infrastructure is being financed by JICA. A One Stop Service (OSS) Center is also being set up through JICA’s technical assistance to ensure fast and hassle-free services for investors. To guarantee smooth operations, a 230 kV substation is being built by PGCB, ensuring uninterrupted electricity for industries. Development is happening in phases: 500 acres in the first phase are complete, another 500 acres are planned, and so far, 190 acres have already been handed over.

Investors are already showing strong interest in the zone. Singer Bangladesh is building a factory jointly with Turkish giant Arçelik, while German company Rudolf GmbH is investing $7 million. From Japan, companies like Lion Corporation, Onoda, and NICCA Chemical Co. Ltd. have already secured land, and deals with more Japanese firms are in progress. In total, 40 foreign companies, including 30 from Japan, have sought land in Araihazar, signaling global confidence in this project.

Looking ahead, Japan’s Ambassador to Bangladesh, Ito Naoki, has expressed his vision for Araihazar to become the best economic zone in Asia, surpassing rivals in Vietnam, Myanmar, and the Philippines. With a target to attract 100 Japanese companies, Araihazar is set to become a hub of advanced technology, efficient management, and sustainable industrialization. As a joint venture between the governments of Bangladesh and Japan, the Japanese Economic Zone is more than just an investment site—it is a gateway to a stronger partnership and a brighter industrial future for Bangladesh.