ECNEC approves Tk 4,347.21cr Bangabandhu Shilpa Nagar Development Project
The Executive Committee of the National Economic Council (ECNEC) approved on Wednesday a Taka 4,347.21 crore project to develop the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) as a state of the art and international standard greener economic zone of the country.
The approval came from the 21st meeting of the ECNEC in the current fiscal year (FY21) held with its Chairperson and Prime Minister Sheikh Hasina in the chair. The Premier chaired the meeting virtually from her official Ganobhaban residence.
Ministers, state ministers and others concerned attended the meeting from the NEC Conference Room in the city’s Sher-e-Bangla Nagar area.
TK Group to invest Tk 6,600cr in Bangabandhu Shilpa Nagar
To set up six factories for consumer goods, chemicals
Samuda Food Products, a subsidiary of TK Group, is set to make a fresh investment of Tk 6,600 crore in the consumer goods and chemical sectors.
Samuda had initially planned to invest Tk 1,744.80 crore but the investment increased as the group got financing assurance from foreign banks.
Samuda has already started work to set up a factory on a 60-acre plot at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram. We will set up six factories at the BSMSN in phases for the consumer goods, including food processing, and chemical sectors, said Mohammad Mustafa Haider, managing director of Samuda Food Products.
Improve climate to attract more Chinese investment
Envoy says at China-Bangladesh Investment Summit Star Business Report Star Business Report
The government should improve investment climate in the country to attract more Chinese investment, said Li Jiming, China s ambassador to Bangladesh. We want to work with the government of Bangladesh to enhance our investment in the country.
Jiming made the comments while speaking at the China-Bangladesh Investment Summit, styled Showcase Bangladesh: 2021 China-Bangladesh Investment Virtual Forum , jointly organised by the Bangladesh Investment Development Authority (BIDA) and Standard Chartered Bangladesh.
Bangladesh has good potential for Chinese investment here as the country s per capita income has already crossed $2,000, Jiming said.
BEZA hands over land to Berger Paints
Staff Correspondent
17 January, 2021 12:00 AM
Bangladesh Economic Zones Authority (BEZA) has formally handed over 30 acres of leased land at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsharai of Chattogram to the Berger Paints.
BEZA Executive Chairman Paban Chowdhury handed over the land to Berger Paints Bangladesh Managing Director Rupali Chowdhury at a ceremony held at the BSMSN on Friday, said a press release.
Berger Paints will establish its third industrial facility in the country with investment of around Tk 2.5 billion.
The industrial unit is expected to start manufacturing within the next five years, creating employment for around 400 people in the initial phase.
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