Unique Group gets prequalification licence for Sonargaon Economic Zone

Unique Group has been awarded prequalification licence for Sonargaon Economic Zone, the 11th economic zone in the private sector of the country.

Staff Correspondentbdnews24.com
Published : 27 August 2016, 08:36 PM
Updated : 27 August 2016, 08:36 PM

Bangladesh Economic Zone Authority (BEZA) Executive Chairman Paban Chowdhury handed the licence over to Unique Group Managing Director Noor Ali at a function in Dhaka on Wednesday.

Ali said the authorities initially cleared 65 acres for the economic zone in Narayanganj, and it will be expanded to 300 acres within a year.

He said businesses from several countries like China, Japan and India already expressed eagerness to set up factories in the Sonargaon Economic Zone 'only 25 kiulometres away from Dhaka's Zero Point'.

Ali said the new economic zone will create 10,000 jobs.

He said Unique Group planned to set up factories for LPG cylinder, mobile-phone set, petrochemical and motorbike in the economic zone.

Paban Chowdhury said BEZA developed 2,200 acre land for industrial use within three years into its formulation.

"BEZA has a plan to set up 100 economic zones within 15 years. But considering the pace of work, it seems that we will achieve the target within five years," he added.