Bangladesh Export Processing Zone Authority (BEPZA) on Thursday signed a deal with Bangladesh Economic Zone Authority to set up an economic zone in Mirsharai of Chittagong.
The Executive Chairman of BEPZA Major General Mohd Habibur Rahman Khan and the Executive Chairman of BEZA Paban Chowdhury signed the agreement on behalf of their respective organisations held at Prime Minister’s Office.
Abul Kalam Azad, Chief Co-coordinator of SDG Affairs at PMO was present during the signing ceremony.
Addressing the programme, Abul Kalam Azad said that BEPZA is marching ahead successfully and set a unique example in attracting investment in the country for others to emulate. Now BEPZA is a brand to foreign investors. This brand image of BEPZA will play an important role for flourishing investment in economic zone.
The success of BEPZA inspired government to establish Economic Zone. The government wants to utilise the expertise of BEPZA to bring success for the economic zone since BEPZA has been achieved a good reputation in setting up industrial zone, development and operation, he added.
BEPZA Executive chairman said that BEPZA and BEZA fixed the land area and finalise the financial proposal after jointly examining the proposed project. As per the final proposal, BEZA allocated 1150 acres of land to BEPZA for setting up economic zone.
He said, there would be about 850 plots in the proposed BEPZA economic zone where approximately US$ 4500 million would be invested likely in 350 industrial units and will create employment opportunity roughly for 5 lakhs peoples.
In the programme the Executive Chairman of BEZA Paban Chowdhury said, BEPZA is a successful organisation. The speed of making economically prosperous would be accelerating if BEPZA and BEZA work jointly.