Mirsarai EZ to be an investment hub: BEZA

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Economic Reporter :
Mirsarai Economic Zone (EZ) will play a vital role to fulfill the investment prospect of the country through establishing a truly world-class business and industrial center and attracting the local and foreign investors.
“About US$10 billion investment proposals have already come for Mirsarai EZ from home and foreign investors in various sectors including steel, Liquefied Petroleum Gas (LPG) and ship building,” Bangladesh Economic Zones Authority (BEZA) Executive Chairman (Secretary) Paban Chowdhury told to media.
He also said that the zone is an attractive destination for setting up huge number of industries, commercial establishment and financial institutions within a high quality business friendly environment.
BEZA is establishing the first self-contained economic zone in the country on an area of about 30,000 acres at Mirsarai area incorporating park, sea port, residential area, power plant, hospital, school and university.
The zone, which will be developed in about 30 phases, is along the strategic location of Dhaka-Chittagong industrial corridor under Chittagong district.
Last year, Paban Chowdhury said, BEZA allocated Mirsarai Economic Zone (Phase 1) encompassing an area of 550 acres. “We have also invited tender for another two Phases on about 1,300 acres,” he added.
He informed that the World Bank (WB) has provided financial support worth about Taka 600 crore to develop the two phases saying Mirsarai EZ is the first multi-sector EZ, situated in the most suitable large sites of Bangladesh for setting up industrial establishments.
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