An additional 15,000 people will be added to the workforce with future investments
The newly-inaugurated Narayanganj economic zone will see the creation of job opportunities for 8,000 people.
Prime Minister Sheikh Hasina inaugurated the City Group’s self-funded City Economic Zone in Rupashi Gandharbapur area of Rupganj upazila in Narayanganj.
She inaugurated the economic zone on Wednesday via video conference from the Ganabhaban.
Textile and Jute Minister, and local MP, Golam Dastagir Gazi Bir Pratik; City Group Chairman and Managing Director (MD) Fazlur Rahman; Narayanganj Additional Deputy Commissioner Jashim Uddin Haider; Rupganj upazila Chairman Shahjahan Bhuiyan, Upazila Nirbahi Officer (UNO) Mumtaz Begum Momo; among others; were present at the event.
The economic zone has seven industries, the: City economic zone, City Auto Rice and Daal Mill, City Edible Oil, Ruposhi Sugar Mill, Ruposhi Flour Mill, Ruposhi Feed Mill, plus City Seed Crossing.
After the prime minister inaugurated the zone, City Group Chairman MD Fazlur Rahman told the media: "The zone has been built on 100 acres of land at a cost of Tk5,000 crore.
"With the current infrastructure, we will be employing 8,000 people."
Eventually, with more investment, 15,000 more will be employed, he added, expressing his gratitude to the premier in helping establish the economic zone.
This economic zone will include: food, beverage, agricultural products, processing plants, and other export-oriented industries.
The zone authorities believe they zone will save time and money being by the banks of the Shitalakhya River. The zone has 44MW of electricity supply, round-the-clock gas supply, water supply, telecommunication facilities, and internet facilities.
Minister Dastagir said the new economic zone is now a new source of employment.
He said: "A four-lane road has also been built in front of the economic zone costing around Tk11 crore. However, vehicle pressure has had a negative impact on the road and caused distress to people using it."
However, the modernization and repair of the road has already been tendered by the Asian Development Bank, and that work will begin soon, he added.