Govt to issue 6th EZ licence: Move to create more jobs, attract FDI

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Badrul Ahsan :
Bangladesh Economic Zones Authority (BEZA) is set to award another pre-qualification licence to a domestic firm to establish private economic zone at a cost of $267 million, official sources said.
Aman Group is going to set up the EZ-sixth such special economic hub approved so far in the country under private sector in over 90 acres of land in Narayanganj.
The local business conglomerate has in the mean time developed 90 acres of land for setting up the economic zone at present having planned to develop another 60 acres later.
BEZA is going to grant pre-qualification licence for the planned Aman Economic Zone this week, a BEZA official said.
According to a a high official, the Aman Group Limited, which has industries related to cement manufacturing, poultry, cattle and fish feeds, packaging, foods and beverages, steel mills, power plants and shipyard, will host industries of same kinds from the private sector.
Aman Economic Zone, well connected to Dhaka and Chittagong high way, is situated four kilometres away from Mograpara Chowrasta under Sonargaon, Narayanganj. It also has convenient access through Meghna River.
“After implementation of the project, the industrial zone primarily has a prospect to create jobs for around 15,000 people,” Head of Brand of the company, Quazi Meshayet Hossain said.
He said the economic zone would not meet only demand of domestic investors but also open for foreign giants.
Md Abdul Quader Khan, Social Resettlement Expert of BEZA said, it would take at best six months to award the final licence to the Aman Economic Zone.
He said BEZA has scrutinized Aman’s qualification very carefully and decided to award prequalification pass to the group.
“There will not be any factory in the residential areas anymore; all factories have to come under economic zones gradually,” he said.
The concerns of ‘Aman Group’ are registered as a Private and Public Limited Company under the law of the land. The group came into existence in early 1984-85 though it operated in fields of trading and import-export business.
“It was early 2000 when the group embarked upon setting up industries mainly labour-intensive ones and it is capable of contributing to GDP of the country,” Quazi Meshayet Hossain said.
So far, the government has awarded work orders for developing five economic zones to Bay Group, Abdul Monem Limited and AK Khan Group and Meghna Group.
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