Japanese Economic Zone gears up for production early next year

The Bangladesh Special Economic Zone, collectively established by the federal governments of Bangladesh and also Japan on 1,000 acres of land in Araihazar, Narayanganj, is increasing its building and construction initiatives to begin production early next year.

Officials claimed Singer Bangladesh Ltd, an international electronic devices and also house device firm, which has actually currently begun manufacturing facility building and construction after renting 33.4 acres of land in the economic zone, will certainly begin production within March 2024.

“Additionally, four other companies have commenced factory construction within the zone, and four more are currently in the contract signing process. Moreover, 22 new companies have expressed interest in making investments in this promising economic zone,” Shaikh Yusuf Harun, exec chairman of the Bangladesh Economic Zone Authority (Beza), informed The Business Standard.

Beza authorities claimed that actions have actually been required to …