534Published on August 2, 2021
Bangladesh Economic Zones Authority (BEZA) has received investment proposals amounting to around US$20.13 billion from 153 investors for the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattogram for setting up their factories.
The zones authority has already allocated over 6,000 acres of land among the investors.
In BSMSN, BEZA has already allocated a total of 6,131 acres of land among the investors, including Bangladesh Export Processing Zone Authority (BEPZA) Economic Zone, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Garments Village and Public-Private Partnership (PPP) Zone, as per an official of BEZA.
The official informed that China-based Zhuzhou Jinyuan Chemical Industry Company Limited, Japan-based world-renowned Nippon Steel and Bangladeshi MacDonald Steel Building Product Limited (Joint Venture), Indian Asian Paints BD Limited, Mango Teleservices Limited and Modern Syntex Limited are setting up their factories in the industrial park.
BEZA Executive Chairman Shaikh Yusuf Harun said Bangabandhu Sheikh Mujib Shilpa Nagar is one of the most suitable sites for setting up industrial establishments in the country.
He said it is along with the strategic location of the Dhaka-Chattogram industrial corridor as business and living costs are significantly lower at Mirsarai as well as in Chattogram division than other developing cities in the world.
“With a high-quality business-friendly environment, it has positive impacts and contributions in shaping Chattogram into a leading regional business hub,” he added.