BEZA sings manage 3 local companies for investment in JEZ
Land lease agreement was signed for the very first time with three local companies paving method for investment in Jamalpur Economic Zone (JEZ).
Bangladesh Economic Zones Authority (BEZA) entered into agreement with Max Infotech Private Limited, Noble Navigation and Shipping Lines and Reliance Solutions Ltd.
The signing ceremony happened at BEZA office on Monday.
As per the agreement, Max Infotech and Noble Navigation are certain to get plots of two acres each. However, two plots of 1 acre each will be given to Reliance Infotech.
BEZA executive member Md Abdul Mannan, Max Infotech’s head of businesses Md Zakaria Khan, proprietor of Noble Navigation Mahmudul Hasan and Reliance Solution’s Mahfuzur Rahman signed the agreement with respect to their of respective organisations.
Under the agreement, the three domestic companies will invest over Tk87 crore in JEZ.
Speaking on the occasion, BEZA executive chairman Paban Chowdhury said “JEZ is being developed for processing food and agricultural produces as part of the planned professional zone in remote regions of the country.”
Max Infotech will invest around Tk23 crore in food processing industry creating employment of 250 persons and Noble Tk 40 crore to purchase oven bag manifesting industry creating employment of 100 more.
In a single plot, Reliance Solutions has proposed to determine agro factory at the price tag on Tk10 crore to create refrigerated dried Aloe Vera powder and potato starch powder.
On the other plot, Reliance will probably manufacture medical and surgical products with an investment of almost Tk15 crore. Around 200 persons are certain to get job opportunity in two industries.