‘Bangabandhu Sheikh Mujib industrial town’ is going to get the name of country’s largest economic force, which is about 30,000 acres of land in Feni-Chittagong border. In this industrial area, two reservoirs of 100 acres of land have been decided to give their name ‘Sheikh Hasina Sarobar’, Bangladesh Economic Zone Authority-Beja.
Beja is waiting for a formal announcement after a few steps have been taken on the industrialization of the industrial zone.
In a press release on Thursday, Beja said that in the honor of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, the three economic zones that were formed on the boundary of Chittagong and Feni districts have been named ‘Bangabandhu Sheikh Mujib industrial town’. It was said in the notification that on March 28, the proposal was sent to the Father of the Nation Bangabandhu Sheikh Mujibur Rahman Memorial Trust on March 28. On 10 August the name agreed to the proposal.
In the first board meeting of Besar, Mirsharai Economic Zone and the fourth board meeting approved two economic zones as Feni Economic Zone. In the sixth board meeting, another economic zone named Sitaku is approved. These three economic zones are located in Sitaku and Mirsharai upazilas of Chittagong district and about 30,000 acres of land in Sonagazi upazila of Feni district. Bager Executive Chairman Paban Chowdhury told bdnews24.com that they gave the proposal to name this economic force in the name of Bangabandhu. After the approval of the Bangabandhu Memorial Trust, the formal process will be announced after the rest of the process is completed. In November 2014, Beja started the development of the economic zone of Mirsarai. Being in the lower part of the area of Mirsarai, around 4-5 feet in the rainy season was under water. Due to excessive salinity, there will not be any crop in the dry season. There are construction dams built to protect the ocean surge. For the development of the communication system, the 10 kilometer link road has been constructed.
Land development work in the financial zones is given by Joint Venter-Pak-Gasman-EastWest JV to the joint venture of Bangladesh based on public-private partnership through international tender. In this industrial town, the land allotment has been given to BEPZA to establish BEPZA Economic Zone on approximately 1150 acres of land. Apart from this, Beja has also signed Memorandum of Understanding for allotting 500 acres of land for construction of a planned garment park to BGMEA. Among the foreign investors, Japan’s Nippon Steel and Sujit Corporation, Asian Paints of India, UK’s Berger Paints, China’s Zindun Group, and other organizations have signed a deal or a memorandum of understanding to set up the factory, Beja said. It has also been stated that investment proposals worth $ 1750 million from different local and foreign organizations have been found.