Prime Minister's Office (PMO) has permitted Bangladesh Economic Zones Authority (BEZA) to allocate 400 acres of land to 10 investors.
The investors will invest a total of around US$ 1,981 million to set up some 11 industrial units on the allocated land in Mirsarai and Feni economic zones (EZs), said a press statement of BEZA.
In a letter, dated September 25, 2018, PMO gave its consent to allocate the land.
The investors will take lease of their respective land by making a lump sum payment to BEZA.
The companies are: Rural Power Company Limited, Energypac Power Generation Company, Summit Alliance Logistics Park Limited (SALPL), Maheen Dizayn Etiket, Arefin Enterprise, Sanzi Textile Mills Limited, Healthcare Pharmaceuticals Limited, Eonmetall International Limited, Bangladesh Edible Oil Limited (BEOL) and Berger Paints (BD) Limited.
Of the land, some 100 acres will be allocated to SALPL, 100 acres to BEOL, and 30 acres to Berger Paints.
The companies will invest for power generation, container manufacturing, container depot, textile, pharmaceuticals, steel rack, edible oil, foods and paints.
Some 16,906 employment will be generated in the EZs by the investors.