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Sonargaon Economic Zone gets pre-qualification licence

  • Published at 01:33 am August 25th, 2016

The economic zone styled “Sonargaon Economic Zone” will be established on a gross area of 55.078 acres of land at Pirojpur union of Sonargaon. BEZA Executive Chairman Paban Chowdhury yesterday handed over the licence to Unique Group Managing Director Mohd Noor Ali at a function in BEZA office, said a press release issued yesterday. Situated in only 25km away from zero point of Dhaka, the zone will generate around 10,000 employments in next five years, the release said. Addressing the function, Unique Group Managing Director Noor Ali said: “The economic zone will play important role in contributing to developments of country’s GDP.” “The ongoing economic zones have already attracted keen interest from foreign investors and many have expressed their interests in establishing heavy industries. The economic zones will play important role in attracting foreign currency by attracting foreign investments,” he said. The government has a target of setting up 100 economic zones over 30,000 hectares of land which is expected to generate employment of about 10 million people. Apart from Sonargaon Economic Zone, BEZA has so far awarded pre-qualification licences to eight other local private companies to set up 10 economic zones in the country.