DHAKA, Oct 14, 2019 (BSS) – Speakers at a programme today urged businessmen
to invest in the Mongla Economic Zone (EZ) as it will become a lucrative
place for investment considering its strategic location.
They made the call at the ‘Investment Promotion Program of Mongla Economic
Zone’ held at the Sonargaon Hotel in the city.
PowerPac Economic Zone Private Limited, a concern of Sikder group, in
association with Bangladesh Economic Zone Authority (BEZA) organised the
programme.
Prime Minister’s Private Industry and Investment Adviser Salman Fazlur
Rahman attended the programme as the chief guest while Principal Coordinator
(SDG Affairs) of the Prime Minister’s Office Md Abul Kalam Azad and Executive
Chairman of BEZA Paban Chowdhury attended the programme as special guests.
BEZA Executive Member Mohammed Ayub presided over the function.
In his speech, Salman F Rahman said due to the strategic location of the
zone and construction of the upcoming Padma Bridge, demand of this Mongla EZ
and Mongla port will increase significantly.
He thanked Sikder Group for their initiatives to develop and operate first
ever Design, Build, Finance, Own, Operate and Transfer (DBFOOT) based EZ in
Bangladesh.
Rahman said Bangladesh is establishing 100 economic zones across the
country and the economic zones will play a vital role to materialize the
Vision-2021 and Vision-2041 of the government.
Speaking on the occasion, Abul Kalam Azad mentioned that the Mongla EZ
will play a significant role towards the achievement of Sustainable
Development Goals (SDGs) by the Bangladesh government.
He said the combination of the Mongla Port and Mongla EZ will be beneficial
for both exporters and importers.
Welcoming the investors in the EZ, Paban Chowdhury said the EZ will become
a potential place for investment considering its strategic location.
Among others, Managing Director of the PowerPac Economic Zone Private
Limited Ron Haque Sikder and Project Director of the Mongla Economic Zone
Mohammad Salahuddin also spoke on the occasion.
Salahuddin said around 44 percent land of the EZ has already been allocated
for the various industries and balance land of the processing zone is still
available for unit investment with attractive incentives and facilities.
The 205 acres Mongla EZ is the 1st Public Private Partnership (PPP) based
economic zone in Bangladesh. Mongla EZ is the most lucrative EZ in Bangladesh
for its strategic location.
This EZ is situated within the one kilometer radius of Mongla Port, which
is the second biggest seaport of the country.
The proposed Khan Zahan Ali Airport is located only 20 kilometers away from
the zone. After completion of the Padma Bridge, it will make the most time-
efficient transportation through road and rail connecting the southwest part
of Bangladesh. This will play a vital role to increase the demand of Mongla
EZ as well as Mongla Port.
The Mongla EZ will host all facilities, such as state of the art highly
secured entrance plaza, inland container depot, administration building,
lorry parking, sub-station, mosque, staff quarter and dormitory and
clubhouse.
An efficient road and utilities connection is developing throughout the
zone. The surrounding of the zone will have greenery and featuring trees and
water bodies. It is expected that around 20,000 employments will be generated
through this Mongla EZ.