Wednesday, October 17, 2018 | ePaper

BREAKING NEWS:

ACI to invest $321m in Mirsarai Economic Zone

  • Print
A Correspondent :

 ACI Ltd will invest US$ 315 million in Mirsarai Economic Zone to set up new industrial plants on 100 acres of land to expand existing business. The new ACI industrial unit will create job opportunities for around 5,000 people. Asian Paints will also invest $ 6.70 million in the next two years at the zone as part of its business expansion to grab the growing market of paints in the country.
ACI Ltd and Asian Paints Bangladesh Ltd  recently  signed separate agreements with Bangladesh Economic Zones Authority (BEZA) for land allocation at Mirsarai Economic Zone (MEZ) in Chittagong. The signing ceremony was held at the BEZA headquarters in the city's Karwan Bazar, the BEZA said in a statement.
BEZA executive chairman Paban Chowdhury, ACI Ltd executive director (finance and planning) Pradip Kar Chowdhury and Asian Paints Bangladesh Ltd chief executive officer (CEO) Ritesh Doshi were present at the program. The proposed plant will employ around 500 people.
According to BEZA, some 17 companies have got prequalification license so far to set up economic zones in different parts of the country while five private companies were awarded the final license. The government has already appointed a contractor to develop basic infrastructure at the Mirsarai zone.

More News For this Category

High officials of CCC greeting CCC Mayor A J M Nasir Uddin  after arrival from china  on yesterday.

High officials of CCC greeting CCC Mayor A J M Nasir Uddin after arrival from china on yesterday.

Members of Coast Guard  recovered 50, 000 Yaba tablets from   Sighkhla area in Teknaf on Sunday.

Members of Coast Guard recovered 50, 000 Yaba tablets from Sighkhla area in Teknaf on Sunday.

Solid waste management essential to save Cox's Bazar

UNB, Cox's Bazar :Population of Ukhiya and Teknaf upazilas in the district has risen to more than 1.5 million people due to the Rohingya influx.The highly dense population generates 10,000

Two stabbed to death

Chattogram Bureau :A young man was stabbed to death by miscreants at Sagarika Road in the city's Pahartoli area on Thursday.The victim was identified as Biswajit Dhar, 28, son of

Durga Puja begins in Port City

A Correspondent  :The five-day long Sharadiya Durga Puja, the biggest religious festival of the Bangali Hindu community was began on Monday in the city as elsewhere in the district amidst

A reception was accorded to the meritorious students who achieved Chinese Government Scholarship from  National Institutes  of Technology (NIT) at  its Conference Hall on Saturday.

A reception was accorded to the meritorious students who achieved Chinese Government Scholarship from National Institutes of Technology (NIT) at its Conference Hall on Saturday.

.

Durga Puja begins amid 5-tier security

Chattogram Bureau :Durga Puja, the biggest and sacred festival of the Bangalee Hindus begins yesterday  in the city as elsewhere in the district with the incarnation (Bodhon) of the

Transport strike on Ctg-Cox's Bazar Highway suspended

Chattogram Bureau :A vlew of Bahaddarhat area durlng strlke perlod yesterday.Chattogram Road Transport Owners Association on Sunday night suspended their indefinite strike on Chattogram-Cox's Bazar highway upon assurance from

Elderly journo Yusuf passes away

Chattogram Bureau :Elderly journalist and former President of Chattogram Union of Journalists (CUJ) Mohammad Yusuf died of old age complications at his city's Alkoron residence last  afternoon. He was

Country advancing under leadership of Sheikh Hasina : Engr Mosharraf

Chattogram Bureau :Minister  for Housing  and Public Works Engr Moshraf Hossain said country is rapidly advancing in all respects under the dynamic leadership of Prime Minister Sheikh Hasina .