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BEPZA has signed land lease agreements for the primary time with 4 native and international corporations to arrange industries in BEPZA Financial Zone.
Three totally international owned corporations of the USA, China and Sri Lanka and a Bangladeshi firm have signed the agreements at BEPZA Complicated, Dhaka on Saturday, says a press launch.
They may make investments US$ 50 million in clothes, clothes equipment, tenting equipments and shoe equipment industries which is able to create employment alternatives for 23,453 Bangladeshi nationals.
On behalf of BEPZA, Member (Funding Promotion) Ali Reza Mazid and Director of Univogue Clothes Firm Restricted Jagath Priyantha, Chairman of Fengqun Composite Materials Co., (BD) Ltd. He Zaiqun, Consultant of Campex (BD) Restricted Shahadat Musharraf Khan & Managing Director of TexTrim Labels (BD) Restricted Abul kalam Sikder signed the agreements on behalf of their respective organizations.
The method of building industries in BEPZA Financial Zone at Bangabandhu Sheikh Mujib Shilpa Nagar begins formally by signing these agreements.
Principal Secretary to the Prime Minister Dr. Ahmad Kaikaus mentioned, BEPZA has a singular magnetic energy to draw funding which in the end contributes to the financial growth of the nation.
BEPZA isn’t solely serving to to combine with the worldwide financial system but in addition upgrading the life requirements of the folks, he added.
Mentioning the settlement signing as the start of a brand new period, the Principal Secretary hoped that extra large industries will come within the BEPZA Financial Zone within the coming days.
Congratulating the brand new traders, BEPZA Government Chairman Main Common Abul Kalam Mohammad Ziaur Rahman, ndc, psc mentioned that BEPZA is now some of the profitable organizations within the nation contemplating its expertise, capabilities, experience {and professional} excellence achieved throughout the journey of 40 years in serving the nation’s export-oriented industries.
Buyers’ confidence has made BEPZA a model within the international enviornment, he added.
Referring to the land lease settlement signing of BEPZA Financial Zone as a milestone within the rising success of BEPZA, he mentioned that in gentle of the expertise and capabilities BEPZA can be profitable in working Financial Zone too.
BEPZA Government Chairman mentioned, Prime Minister Sheikh Hasina made a big plan to ascertain 100 Financial Zones within the nation aiming to take the nation’s industrial sector to the following stage in gentle of the dream of Father of the Nation Bangabandhu. BEPZA Financial Zone is a good end result of that imaginative and prescient.
Main Common Abul Kalam Mohammad Ziaur Rahman mentioned, “Now we have acquired purposes for 643 industrial plots towards 539 nos. which could be very encouraging. Within the first section, we acquired utility from 81 entrepreneurs towards the ready 160 nos. of business plot from which 6 corporations have acquired remaining permission, out of them 4 corporations have signed lease agreements immediately.”
He hopes that the businesses would be capable to begin their business operation within the shortest potential time by finishing the development work of the manufacturing unit constructing and BEPZA will present all kinds of cooperation and help to them.
Shaikh Yusuf Harun, Government Chairman of Bangladesh Financial Zones Authority (BEZA) mentioned, “That is undoubtedly a praiseworthy achievement for BEPZA which is able to speed up the stream of funding in future. BEPZA is working its EPZs efficiently with effectivity which is an inspiration for BEZA. He hoped that BEZA and BEPZA will be capable to contribute extra within the growth of the nation by working collectively.
S M Khan, President of Bangladesh EPZs Buyers’ Affiliation (BEPZIA) mentioned that the funding pleasant environment created by BEPZA for the traders during the last 40 years is great. He thanked BEPZA on behalf of the traders.
Among the many signatories, the Sri Lankan trade M/s. Univogue Clothes Firm Restricted will arrange a garment trade with an funding of US$ 36.49 million. The corporate will produce 32.14 million items of woven backside and woven jacket yearly the place 17,896 Bangladeshi nationals will get employment alternatives.
M/s. Fengqun Composite Materials Co., (BD) Ltd., a totally international owned Chinese language firm will arrange a shoe equipment trade with an funding of US$ 2.22 million. The corporate will yearly produce 35,000 tons of shoe equipment (foam, foam PU insole, lamination items, footwear gadgets, and so forth.) and packaging gadgets (cartoon, paperboard field, interior field, chipboard packaging, and so forth. The corporate will create employment alternative of 360 Bangladeshi nationals.
M/s. Campex (BD) Restricted, a USA-owned enterprise will arrange a tent, tent equipment and out of doors garment manufacturing trade with an funding of US$ 10 million the place 5,000 Bangladeshi nationals will get employment alternatives. The corporate will produce 5 million items of tents, backpacks, packing luggage, film screens, projectors, display partitions, lockers, sunscreens, balcony screens, seat covers, tenting furnishings, raincoats, jackets, and so forth. yearly.
Bangladeshi firm M/s. TexTrim Labels (BD) Restricted will arrange a garment equipment and paper changing trade with an funding of US$ 1.27 million which is able to create employment alternatives for 197 Bangladeshi nationals. The corporate will yearly produce 11,717 tons of thermal sticker label, plotter marking paper, care label, grasp cartoon field, display print, warmth switch and switch label, tag, and so forth.
Mentionable, Prime Minister Sheikh Hasina unveiled the inspiration stone of BEPZA Financial Zone established on 1138.55 acres of land at Bangabandhu Sheikh Mujib Shilpa Nagar on 24 January 2018.
Based on the grasp plan, 539 nos. of business plots of 3600 sq m every with fashionable facilities can be established right here. Will probably be potential to ascertain 300-350 industries, create employment alternatives for round 5 lac Bangladeshi nationals and entice funding of about US$ 4.5 billion after being operational in full swing.
Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Government Director (Administration) Md. Zakir Hossain Chowdhury, Government Director (Public Relations) Nazma Binte Alamgir, Government Director (Funding Promotion) Md. Tanvir Hossain, Government Director (Enterprise Providers) Md. Khorshid Alam, Challenge Director of BEPZA EZ Md. Hafizur Rahman and Government Director (Safety) Lt Col ASM Quamruzzaman, PBGM together with different senior officers of BEPZA, PMO and the traders of EPZs had been current throughout this time.
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