Bangladesh eyes huge foreign investment in the near future as a very favourable atmosphere is prevailing here to welcome investors from different countries.
Besides foreign direct investment (FDI), the country will attract a large number of foreign tourists with development of exclusive tourists zone like Sabran and Naf tourism zones.
Paban Chowdhury, Executive Chairman of the Bangladesh Economic Zones Authority said this while speaking at a programme to award pre-qualification license of Hosendi Economic Zone, at BEZA conference room in Dhaka on Monday.
He handed over the license to City Economic Zone Chairman Fazlur Rahman and Chairman of Hosendi Economic Zone Shompa Rahman.
Speaking at the programme, Paban Chowdhury said, the zone being developed on 108 acres of land at Hosendi union under Gozaria upazila in Munshinganj would ensure investment of Tk 10,000 crore to create employment for 15,000 people.
The zone would accommodate industries like cement, salt and chemicals, ship-building, and ceramic products and is being built by the entrepreneur having vast experience on ship-building and other manufacturing sectors.
Mentioning that Bangladesh still lacks in fetching adequate FDI and foreign tourists, Paban Chowdhury said, Sabrang tourism zone will help attract large tourists as there is blue water like that of Andaman.
Sabrang under transformation, he mentioned adding “Blue water of the Bay of Bengal, 4.8-km sandy sea-beach and 1.2-km long Jahu Garden will surely attract tourists from home and abroad to Sabrang Tourism Park when ongoing development activities are completed.”
Development gains momentum at the Sabrang Tourism Park, he said adding that some 800 to 900 acrs of land has naturally be reclaimed at Sabrang.
Naf Tourism Park alone will attract over $5 billion foreign investment, he said adding, “We are getting various proposals for investing huge funds there.” There is huge response for land allocation at Sabrang, he further said.
Works are in progress to develop the zone as an international standard tourist zone, Paban Chowdhury said, adding, these two zones would make Bangladesh’s tourism industry flourish further as they would be much convenient for the visitors and free from all sorts of odds.
Many foreign investors from different countries are coming to invest at EZs, he said mentioning that a Japanese company has recently acquired a venture of Akij Group and will invest huge funds thaea.
City Group Chairman Fazlur Rahman said, projects of women entrepreneurs would be provided special facilities for making investment at Hosendi Economic Zone.