Actual investments at six government-owned economic zones have remained at a far lower level compared to the proposals put forward by both foreign and local investors owing largely to inadequate facilities, official figures showed.
Bangladesh Economic Zones Authority (Beza) Executive Chairman Shaikh Yusuf Harun said on Wednesday that the allocation of lands in special economic zones would be cancelled if entrepreneurs fail to set up factories in time. "At first, we will give them notice. After that, their land allotment will be cancelled.