Economic zones, a landmark initiative of the government to support planned industrialisation, have been flourishing fast with a surge in investment proposals from local and foreign investors. So far, investment proposals of $40 billion from local and foreign investors have been placed with
BEZA gets 4,835 91 acres khas land to set up Noakhali EZ | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
BEZA gets $27.07b investment proposals
289
DHAKA, March 16, 2021 (BSS) – Bangladesh Economic Zones Authority (BEZA) has, so far, received investment proposals amounting to around US$27.07 billion from local and foreign business entities, thanks to various steps of the government to attract new investments.
The proposed investments may create over 10 lakh job opportunities in the country.
Out of the total amount, around $23.97 billion investment proposals have come for the government EZs while $3.1 billion for private EZs.
Of those, around $1.62 billion proposals have been come as foreign direct investment (FDI) from different companies of China, India, the UK, the USA, the Netherlands, Japan, Singapore, Australia, South Korea, Malaysia and Germany.
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.