Prime Minister Sheikh Hasina has offered Singapore 500 acres of land in a special economic zone (SEZ) to initially set up their businesses, especially agro- and food-processing industries.
“Initially, we will give you a 500-acre land in a special economic zone,” the prime minister said when a delegation of businessmen from Singapore, led by Singapore Business Federation Chairman Teo Siong Seng, called on her at her parliament office on Tuesday.
PM’s Press Secretary Ihsanul Karim briefed reporters after the meeting.
He said the prime minister put emphasis on setting up agro-based and food-processing industries along with poultry and dairy farms.
About the Singaporean businessmen’s demand for 2,500 acres of land, she said the government would gradually increase the area of land.
The prime minister further said the Singaporean businessmen would be benefited after setting up their industries here as Bangladesh is a bridge between the East and West Asia.
The Singaporean delegation came to Bangladesh after the prime minister invited them during her recent visit to Singapore and asked them to explore the potential for their future business in this country.
The delegates said they had talks with officials of Bangladesh Export Processing Zones Authority (BEPZA) and Bangladesh Economic Zones Authority (BEZA). “We received good responses from them,” said Teo.
