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BEZA, Amann Bangladesh Forge $25.92 Million Partnership for BSMSN Development

BEZA, Amann Bangladesh Forge $25.92 Million Partnership for BSMSN Development

Bangladesh Economic Zones Authority (BEZA) has recently finalized a significant land lease agreement with Amann Bangladesh Ltd, designating 10 acres within the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) for industrial development.

The agreement was officially signed at the BEZA conference room, with BEZA Executive Chairman Shaikh Yusuf Harun and Managing Director of Amann Bangladesh Limited, Md Rokonuzzaman, leading the proceedings. BEZA Executive Member (Investment Development) Md Mozibor Rahman was also present during the signing ceremony.

Expressing congratulations to the investor, Shaikh Yusuf Harun highlighted the renowned reputation of Amann Bangladesh in its sector, both domestically and internationally. He emphasized that such collaborations contribute to increased investments within the economic zone and the diversification of product offerings.

Amann Bangladesh Limited is set to establish factories producing Swing thread, embroidery threads, and smart yarns in BSMSN, with a substantial investment of US$25.92 million. This initiative is expected to create job opportunities for 600 individuals.

The BSMSN, an industrial city under development, spans approximately 33,000 acres across three upazilas: Mirsarai, Sitakundu, and Sonagazi, situated in Chattogram and Feni districts. Positioned at the mouth of the River Feni, it encompasses 25 kilometers of coastline along the Sandeep channel of the Bay of Bengal. Prime Minister Sheikh Hasina laid the foundation stone for this economic zone on February 28, 2016.

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