Mirsarai Economic Zone (MEZ) is being developed as the largest industrial zone in the country with a target to generate 150,000 new employments, reports UNB.
Dr. M. Emdadul Haque, Executive Member (Planning and Development) of the Bangladesh Economic Zones Authority (BEZA), said while addressing a contract signing ceremony at Biduyt Bhaban in the cityon Monday.B-R Powergen Ltd, a joint venture of the two state-owned entities-PDB and RPCL-signed a contract with Chinese firm Sinohydro Corporation Ltd to set up a 163 MW dedicated power plant for the Mirsarai Economic Zone. The Sinohydro will install the power plant as contractor within next 15 months at contract value of $105 million (Tk 890 crore).
Emdad informed that already 29 foreign and local firms have been allocated plots for industries in the MEZ.
The function was also addressed by Power Secretary Dr. Ahmad Kaikaus, PDB chairman Khaled Mahood, RPCL managing director Abdus Sabur and REB chairman Moin Uddin. The BEZA official said that most of the investors in MEZ are asking for uninterrupted power supply and other utility supports like gas and water.
This plant will help ensure uninterrupted power supply to the MEZ, he expressed the hope saying that a new law is underway to ensure one-stop service for the investors in the economic zones.
Mirsarai Economic Zone is being developed by the government with a target to come into operation within a year or two.
Bangladesh Economic Zones Authority (BEZA) has been developing the economic zone on 7716 acres of land with its own financing. But in future the zone will be extended to 30,000 acres of land.Dr Ahmad Kaikaus said investors in MEZ will get ample power supply once the power plant comes into operation.
He urged the contractor to complete the power project installation works with the contracted timeframe.