, Nov. 5 -- owned company AeroSynth Limited is set to invest $3.5m to establish a drone manufacturing facility at the BEPZA Economic Zone (BEPZA EZ) in Mirsarai, Chattogram.

An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and AeroSynth Limited at the BEPZA Complex in Dhaka on Wednesday.

Md. Ashraful Kabir, Member (Investment Promotion) of BEPZA and Hu Dandan, Authorised Representative of AeroSynth Limited, signed a lease agreement, said a press release.

This marks the second drone manufacturing project in the economic zone.

The company will produce toy drones, fishing drones and drones designed for light product delivery.

The facility aims to produce 150,000 units annually and creat...