Factories Expected to Begin Operations Within 18 Months

Work on Chinese Economic Zone to Begin Within Two Months

A special economic zone for Chinese investors is being developed on around 800 acres of land in Anwara, Chattogram. Work on the project is expected to begin within the next two months, said Bijon Kanti Sarkar, special assistant to the prime minister with the rank of state minister.

He made the remarks on Wednesday after inspecting the China Economic and Industrial Zone. During the visit, he exchanged views with local and foreign officials and others involved in the project.

Mr. Sarkar said a meeting had been held with the relevant officials to review the project’s progress. They had assured him that work would begin within two months.

According to the plan, the initial work on the project is expected to be completed within the first 18 months. Factories are expected to begin operations within this period.

He said China Exim Bank had already committed to financing the project. Discussions had also been held on ensuring gas, water and other necessary infrastructure facilities.

Mr. Sarkar expressed hope that the necessary preparations could be completed within the next two months.

Chief Secretary ABM Abdus Sattar, Prime Minister’s Office Director Noor Jahan Khanam, Anwara Police Station Officer-in-Charge Md Junayed Chowdhury and other relevant officials were present during the inspection.

Earlier, Mr. Sarkar visited the Korean Export Processing Zone (KEPZ) in Anwara.

 

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