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Monday, June 10, 2019

1.5 lakh people will be employed in MEZ by 2021

Chattogram Bureau :
The installations of 250 industrial units are supposed to be completed by 2021 over 1150 acres of land at the coastal bank of Bay of Bengal under Mirsarai upazila, Chattogram.
The development works of the Mirsarai Economic Zone is progressing fast aimed at operations  by end of 2021 . In first phase, the investment in these under constructed industrial units targeted Tk.4.5 billion US dollar.
In these first phase industrial units, about   1.5 lakh people will get chance  for   employment. To protect the economic zone from tidal water, super-bike  protection wall beside the Bay coast is being constructed by a Chinese Engineering  firm.
This was disclosed by the  General Manager of Bangladesh Export Processing Zones Authority Nazma Binte Alamgir recently during his visit in Chattogram. MEZ is one of the consisting unit  of  Bangabandhu Shilpanagar . As a part of the total construction works of MEZ, the works of  vike protection wall is continuing round the clock.
In the meantime , the earth de velopment work of the zone is progressing fast. Sources said 618 plots will be developed for the investors where about     350 industrial units may be installed . In the long run about 5 lakh workers may get chances of employment but in first phase 1.5 workers of different categories in 250 units  may get employment by 2021. BEPZA   official further said the first works is expected to be completed by June of 2021.
Moreover, the MEZ will be turned as green industrial zone or Green zone. Project Director of BEZA Abdul Alim told that  90 percent works of protection wall is already competed and the two connection road wth 300 feets height is progressing  and the earth development works will be completed by 2020.
BEPZA sources said  they signed a MOU on May 18, 2017 with the govt for establishment of one Economic Zone .
As per MOU, Prime Minister formal ground breaking ceremony unveiled through video conference from Bangabandhu International conference hall on January 24, 2018 Later on 18 September 2018, first phase fund of MEZ amounting to Tk750 crores was approved in the ECNEC meeting .
Mentionable that there are about 8 Export Processing zones in the country which are being operated successfully.
 The total investments in the ongoing EPZs is 5 billion US dollar and a total of Tk  73 billion  US dollar earned  from these existing EPZ's exports.