Six local firms, BEZA team up for $457m investment
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Dhaka, Sept. 22 -- Six Bangladeshi companies on Wednesday signed a land lease agreement with the Bangladesh Economic Zone Authority (Beza) to invest $457 million at Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram and Sabrang Tourism Park in Cox's Bazar.
Of them, one company will invest in the pharmaceuticals sector and the rest five in the hospitality sector.
The agreement signing ceremony took place at the Beza office in Dhaka at noon.
The economic zones' authority agreed to give 17 acres land to the entrepreneurs, which are: Healthcare Pharmaceuticals Ltd (HPL), Ifad Motors Ltd, DIRD Composite Textiles Ltd, DIPTA Garments Ltd, DIRD Garments Ltd, and East West Travels & Tours (Pvt) Ltd. Beza Executive Member for Administration and...
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