The government has approved another export-focussed industrial zone, Rangunia Export Processing Zone, in Chittagong.
The approval for Bangladesh's ninth EPZ came from a meeting of the Board of Governors of Bangladesh Private Export Processing Zone Authority (BPEPZA) held at Prime Minister's Office. Its Chairperson Prime Minister Sheikh Hasina presided over the meeting on Sunday, her press secretary Abul Kalam Azad told reporters.
Rangunia EPZ is proposed to be located within 50 kilometres of Chittagong on about 400 acres of government fallow land and family-owned land.
Chittagong has two more EPZs – Chittagong EPZ and Korean EPZ.
Azad said the Prime Minister asked the BPEPZA authorities to give final allocation of 500 acres of land for the Korean EPZ for more investment.
Hasina also asked the Korean EPZ authorities to submit a detailed investment plan to the government.
The other EPZs are located in Dhaka, Mongla, Narayanganj (Adamjee), Uttara (Nilphamari), Comilla and Ishwardi.
Commerce Minister G M Qader, Land Minister Rezaul Karim Hira, Environment and Forests Minister Hasan Mahmud, State Minister for Power Enamul Haque and Executive Chairman of Board of Investment S A Samad and Secretaries attended the meeting.
The approval for Bangladesh's ninth EPZ came from a meeting of the Board of Governors of Bangladesh Private Export Processing Zone Authority (BPEPZA) held at Prime Minister's Office. Its Chairperson Prime Minister Sheikh Hasina presided over the meeting on Sunday, her press secretary Abul Kalam Azad told reporters.
Rangunia EPZ is proposed to be located within 50 kilometres of Chittagong on about 400 acres of government fallow land and family-owned land.
Chittagong has two more EPZs – Chittagong EPZ and Korean EPZ.
Azad said the Prime Minister asked the BPEPZA authorities to give final allocation of 500 acres of land for the Korean EPZ for more investment.
Hasina also asked the Korean EPZ authorities to submit a detailed investment plan to the government.
The other EPZs are located in Dhaka, Mongla, Narayanganj (Adamjee), Uttara (Nilphamari), Comilla and Ishwardi.
Commerce Minister G M Qader, Land Minister Rezaul Karim Hira, Environment and Forests Minister Hasan Mahmud, State Minister for Power Enamul Haque and Executive Chairman of Board of Investment S A Samad and Secretaries attended the meeting.
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