BGMEA-CCC MoU today: Modern apparel zone in Kalurghat area

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Economic Reporter :
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Chittagong City Corporation (CCC) will jointly build the ‘Chittagong Apparel Zone’ in the port city’s Kalurghat area that will house garment factories with modern facilities.
To this effect, the BGMEA, an apex body of the country’s apparel industry, will sign a 40-year agreement with CCC to implement the project.
“Firstly, a memorandum of understanding (MoU) will be signed between the BGMEA and the CCC. Then the agreement will be signed with the Corporation,” BGMEA vice president (Finance) Mohammed Nasir told on Saturday.
The MoU signing ceremony will be held at the GEC Convention Hall in the commercial capital of the country on Sunday evening. Chittagong City Corporation (CCC) Mayor AJM Nasir Uddin and BGMEA President Md Siddiqur Rahman will be present, said a BGMEA official.
Explaining reasons to have such an apparel zone in the port city, Mohammed Nasir said many factories have been closed or are on the verge of closure. The planned Chittagong Apparel Zone will help BGMEA members to avail of the opportunity in restarting their factories with modern facilities.
Responding to a question, the BGMEA leader said BGMEA members will provide funds for the project while the CCC will implement it.
“There’ll be 11 buildings in the planned Apparel Zone. Each building will be of seven-storey one,” said Mohammed Nasir, also Managing Director of the Evergreen Sweaters Ltd.
Asked how many factories will be accommodated in the Apparel Zone, he said, “It’ll depend on size, and each of the floor will be 20,000 square feet.”
The BGMEA also wants plots for its members in the planned mega economic zone in Mirsarai – ‘Mirsarai Economic Zone’. “If we get space there for our members, it’ll be a big help for us and the apparel industry,” Mohammed Nasir said.
Planned to be set up on 15,000 acres of land in the vicinity of the Bay of Bengal, the economic zone will be largest investment hub once it is implemented.
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