Prime Minister Sheikh Hasina will inaugurate 43 industrial models within the financial zones subsequent week, involving investments value $1.57 billion, a press launch from the Financial Zones Authority of Bangladesh mentioned yesterday ( Beza).
Among the many models, the Premier will inaugurate industrial operations of 14 factories on October 26.
For all the newest information, comply with the Each day Star’s Google Information channel. They embrace 4 industrial models within the government-owned Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattogram, one in Shreehatta Financial Zone in Sylhet, and 9 in numerous non-public financial zones.
The factories’ contractors have already invested $967 million on their $1.3 billion financial zones funding venture.
Hasina can even lay the muse stones for the institution of 29 factories, the place the businesses have already invested $610 million of their proposed $2.53 billion funding in private and non-private financial zones, Beza mentioned.
To this point, the factories have created 6,400 jobs and round 38,600 extra are anticipated to be created after all of the proposed investments are made.
Hasina can even inaugurate seven infrastructure financial zones.
Manufacturing facility contractors have already invested $967 million on their $1.3 billion financial zones funding venture
In 2015, the federal government set itself the bold aim of making 100 financial zones over the following 15 years with a view to create a million jobs and export $40 billion in items and companies.
Beza has authorised the creation of 97 financial zones up to now, of which 68 are public and 29 non-public.
To this point, Beza has acquired $22 billion in funding proposals in BSMSN, Shreehatta, Jamalpur and Maheshkhali financial zones and Sabrang Tourism Park.
As well as, practically $4 billion has been invested in 12 non-public financial zones. At current, 29 industries have began industrial manufacturing in private and non-private financial zones, and one other 61 industries are underneath building.
The financial zones have attracted overseas direct funding from international locations similar to Japan, China, India, Australia, Netherlands, Germany, America, UK, Singapore, South Korea South and Norway.
