Beza secures $65m in fresh investment for National Special Economic Zone
The Bangladesh Economic Zones Authority (Beza)
has secured $65.1 million in fresh investment commitments for the National
Special Economic Zone (NSEZ) after signing separate land lease agreements with
Golden Oil Mills Ltd and Delta API Ltd.
The agreements were signed at Beza's conference
room in the capital's Agargaon today (5 July).
Under the agreements, Golden Oil Mills will
invest $52.8 million on 20 acres of land to establish manufacturing facilities
for food products, frozen foods, ice cream, specialty oils and fats, packaging
materials, and electronics. The project is expected to create employment for
around 6,000 people.
Meanwhile, Delta API will invest $12.3 million
in 12 acres of land to set up a manufacturing plant for active pharmaceutical
ingredients (APIs). The project is expected to generate around 200 jobs.
Speaking at the signing ceremony, Beza Executive
Chairman Chowdhury Ashik Mahmud Bin Harun said the new investments by local
industrial groups reflect growing investor confidence in the country's economic
zones.
He added that Beza would continue providing the
necessary support to ensure the swift establishment of industries and the
commencement of production.
