An unique financial area (SEZ) for Japanese financiers is being established on a thousand acres of land in Araihazar upazila of Narayanganj, under a joint effort in between the federal governments of Bangladesh andof Japan For the development of this area, an unique function firm, called the Bangladesh Special Economic Zone Limited was created by method of authorizing a joint endeavor arrangement in between Bangladesh Economic Zone Authority (BEZA) and Sumitomo Corporation of Japan, in which BEZA and Sumitomo have risks of 24 percent and 76 percent specifically.
According to the Resettlement Action Plan planned for the Japanese financial area in 2018, a time-bound activity strategy with actions to recover or boost the incomes and earnings of those influenced by the job was expected to be executed, in order to adhere to the Japan International Cooperation Agency’s (JICA) Guidelines for Environmental …