The country’s largest RMG (readymade garment) industrial park will be set up at Gazaria under Munshiganj district at a cost of US$2.3bn within the next three years.
Commerce Minister Tofail Ahmed came up with the disclosure after a meeting with the representatives of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Orient International Holding Company’s President Tang Xiaojie held at his secretariat office in the city on Tuesday.
After a five-month study, the Orient International Holding Company, a Chinese firm has placed its feasibility study report on the proposed industrial park. It costs Tk16 crore conduct the feasibility study.
“A Memorandum of Understanding (MoU) will be signed soon between Bangladesh Garment Manufactures and Exporters Association (BGMEA) and China’s Orient International to implement the project,” said Tofail.
“The Industrial Park will be able to employ over 2.5 lakh workers while the country will be able to export $4bn products,” said Tofail.
Among others, Senior Commerce Secretary Hedayet Ullah Al Mamoon and BGMEA President Atiqul Islam and other RMG manufacturers attended the meeting.
