Marico Bangladesh is set to invest Tk 227 crore to establish a new manufacturing unit at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram as a part of its efforts to catch a greater share of the growing market for fast-moving consumer goods. A land lease agreement between Marico Bangladesh and the Bangladesh Economic Zones Authority (Beza) to hand over
Bangabandhu Sheikh Mujib Shilpa Nagar
Entrepreneurs skeptical about operation of factories on time
Staff Correspondent
30th May, 2021 01:28:21
The Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), one of the government-owned economic zones in the country, is being developed on 30,000 acres of land in three upazilas of Chattogram and Feni. The government is optimistic about the employment of 1.5 million people there in the next 15 years.
Large scale industries are being set up with the investment of more than a hundred industrial groups. Although several factories have reached the stage of production this year, power shortage has appeared as the main impediment.
Even though the demand for electricity in those factories is 230 KV, the Bangladesh Rural Electrification Board (REB), which is in charge of supplying electricity in the area, has a capacity of 132 KV and 33 KV. These industries are cent per cent ready to go into production but there is a fear that production will be dela
Bangladesh's largest industrial enclave, the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram, is scheduled to witness the inauguration of its very first factory on June 10, likely through a virtual platform, by Prime Minister Sheikh Hasina. Another five or six units will be inaugurated by December this year, including that of Asian Paints and SQ Electric,
# PDB, REB in tussle over supplying electricity # Industries prefer power from PDB as REB lacks capacity to feed large industries Despite the growing interest of investors in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), the supply of electricity to the industries has emerged
The Bangladesh Export Processing Zones Authority (Bepza) is establishing an economic zone at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) to diversify exports.
The agency will emphasise the electronic and spare parts manufacturing industries keeping in mind the fourth industrial revolution and job creation. The new zone will be different from the existing zones of the Bepza as we will not give priority to the apparel industry, said Md Nazrul Islam, executive chairman of the Bepza.
The planned economic zone will be an EPZ inside the BSMSN in Mirsarai of Chattogram. Investors will have to sell 90 per cent of the products to be manufactured in the international markets, and the rest could be sold in the domestic market following customs and other rules.