Bangladesh Economic Zones Authority (BEZA) has formally handed over 30 acres of leased land at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsharai of Chattogram to the Berger Paints.
BEZA Executive Chairman Paban Chowdhury handed over the land to Berger Paints Bangladesh Managing Director Rupali Chowdhury at a ceremony held at the BSMSN on Friday, said a press release.Berger Paints will establish its third industrial facility in the country with investment of around Tk 2.5 billion.
The industrial unit is expected to start manufacturing within the next five years, creating employment for around 400 people in the initial phase.
Berger Bangladesh established its first plant in 1970 in Chattogram and the second one at Savar in 1999.
Berger will establish water and solvent-based paint manufacturing plant, emulsion plant, resins plant, central raw material warehouse and other required establishments at the proposed industrial complex considering the future local and international market.