Bangladesh clears four more economic zones
Senior Correspondent bdnews24.com
Published: 2017-01-05 15:26:44.0 BdST Updated: 2017-01-05 15:26:44.0 BdST
In a bid to create more jobs and spur growth, Bangladesh has cleared four more economic zones to be operated by the private sector.
The approval came on Thursday during a meeting of the Bangladesh Economic Zones Authority (BEZA), chaired by Prime Minister Sheikh Hasina.
The Prime Minister's press secretary Ihsanul Karim told the media after the meeting that the new economic zones will be set up in the districts of Madaripur, Faridpur, Noakhali and Kishoreganj.
He quoted the prime minister as saying that the government's initiative for industrial blocks aims to protect farm lands from unplanned industrialisation.
Karim said the meeting also discussed the draft of policy for creating Economic Zones Welfare Fund and a new tariff regime for land in special economic zones.
It has also agreed to provide plots to investors at a competitive price, he added.
Bangladesh plans to set up 100 such zones in the country using 75,000 acres of land by 2030.
Any unauthorised use or reproduction of bdnews24.com content for commercial purposes is strictly prohibited and constitutes copyright infringement liable to legal action.
- New Zealand and Sri Lanka to consider free trade agreement
- UK house price growth slows for first time since July: RICS
- First freight train from China to Britain arrives in London
- Bipu, Muhith take contradictory stand on fuel price cut
- Govt reverses decision to reduce fuel pricesl
- Bangladesh ahead of India, Pakistan in inclusive development: WEF report
- Bangladesh economy will grow at 8 percent in next two years, says finance minister
- CID again fail to press charges in court over BB reserves heist
- Bangladesh to publish NY Fed heist probe finds after retrieving money from Philippines
- World's eight richest as wealthy as half humanity, Oxfam tells Davos
- Uber raises fare price two months after Dhaka launch
- Dhaka city cleaning trucks gather dust in repair yard
- Private Toyota car found abandoned at Sherpur market
- Bangladesh home minister's son demands hanging of 'atheist' on Facebook
- Former Egypt ambassador in Dhaka to take back his seized car
- Two missing Gaibandha Awami League leaders 'remember nothing' on return
- RAB ‘framed, beat’ Germany-based Bangladeshi expat
- Southee takes five as Bangladesh dismissed for 289
- 'The work begins!': Donald Trump to be sworn in as 45th US president
- Trump, sworn in as US president, vows to put 'America First' in defiant speech