Bangladesh Economic Zones Authority (BEZA) organised a meeting with Siam Siam International to discuss the plans on the development of Naf Toruism Park at BEZA office in the city on Tuesday.
BEZA Executive Chairman Paban Chowdhury presided over the meeting.BEZA Executive Member Mohammad Ayub, Siam Siam International group Managing Director Kiatkati Somyoth were present at the meeting.
BEZA and Siam Siam International signed an agreement for turning the natural island into an exclusive tourism park over the 293 acres of land on September last year.
As per the agreement, Siam Siam International of Thailand will invest around $500 million for the infrastructure development of Naf Tourism Park in Teknaf and will create employment for around 12,000 people.
The park is designed to have five-star and three-star hotel, gymnasium, resorts, amusement park, live entertainment theatre, mega shopping mall, cinema hall, floating restaurant, water sports beach, golf club, cable car, musical water fountain and many features.
Naf Tourism Park will be the first island based tourism park in Bangladesh encompassing an area of 293 acres of land. Naf Tourism Park is located on an egg-shaped island raised in the middle of the Naf River under Teknaf Upazilla of Cox’s Bazar.