Application to BEZA for ICC and BP

Date: 12 August 2025 The Director (OSS and Co-ordination)Bangladesh Economic Zones Authority (BEZA)Chief Advisor’s OfficeBiniyog Bhaban, Plot#E-6/B, W Agargaon, Dhaka 1207 Subject: Application for Waiver of Condition No. 15 of Investment Clearance and Condition No. 2 of Building Permit. Dear Sir, We, NICCA BANGLADESH CO., LTD., received the Investment Clearance letter dated 04 December 2023, which includes Condition No. 15 stating that the construction of the factory building and civil works must commence within 03 (three) months from the date of issuance of the clearance letter. Additionally, as per Condition No. 2 of the Building Permit issued on 09 May 2024, the permit will become invalid if construction does not commence within one year of issuance or if the work is suspended after commencement. We humbly inform you that due to policy-related issues from the National Board of Revenue (NBR), specifically, the absence of a clear directive regarding the Warehouse-related policy—we were unable to proceed with the construction activities in a timely manner. Our company had to wait for the relevant guidelines to be finalized. We are pleased to inform you that the NBR has recently issued the necessary SRO, resolving the matter. With this policy clarity now in place, NICCA BANGLADESH CO., LTD. is fully prepared to initiate the construction of our warehouse building immediately based on the existing permits and approved plans. In view of the above circumstances, we respectfully request BEZA to kindly waive the following conditions: Condition No. 15 of the Investment Clearance letter and Condition No. 2 of the Building Permit. We assure you of our full commitment to proceed with the construction activities without further delay and to comply with all applicable BEZA rules and regulations henceforth. We look forward to your kind consideration and approval of our request. Sincerely, 🗸 ______________ Kotaro Takeuchi Managing Director NICCA BANGLADESH CO., LTD. Attached: Investment Clearance and Building Permit.