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Dhaka Tribune

Five state-owned EZs get $22bn investment proposals

Apart from that, 12 licensees awarded private economic zones got investment of over $4 billion

Update : 24 Oct 2022, 05:08 PM

Five state-run economic zones have received a total of $22.17 billion worth of investment proposals, expected to generate employment for 816,000 people.

The economic zones are Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), Srihatta Economic Zone, Jamalpur Economic Zone, Maheshkhali Economic Zone and Sabrang Tourism Park.

Bangladesh Economic Zones Authority (Beza) executive chairman Shaikh Yusuf Harun disclosed the information on Sunday at a press briefing organized by the Economic Reporters' Forum (ERF) in Dhaka.

"We have already got $22.17 billion investment in our five state-run economic zones and leased out 6,084 acres of lands to 177 investors," said Harun.

Apart from that, 12 licensees awarded private economic zones got investment of over $4 billion, he said. 

Marking the 50th anniversary of Bangladesh's independence, Prime Minister Sheikh Hasina will virtually inaugurate 50 industrial units on October 26.

Beza will hold the event at eight venues, Harun said.

The premier would also lay the foundation stones of 29 industrial units in different economic zones, which have so far received investments of $610 million and are in a process of receiving $1.9 billion more, he said.

The investments came from different nations, including Japan, China, India, Australia, the Netherlands, Germany, the USA, the UK, Singapore, South Korea, and Norway, he said.

ERF President Sharmin Rinvi chaired the event.

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