Beza, China sign deal to build Chinese economic zone in Ctg

Bangladesh Economic Zones Authority has recently teamed up with a state-owned Chinese company to set up Chinese Economic and Industrial Zone (CEIZ) at Chattogram's Anwara upazila.

Around 783 acres of land has been acquired and the construction of a couple of linking roads along with other utility service work has already been done to establish the zone, Beza said in a statement.

Shaikh Yusuf Harun, senior secretary and executive chairman of the Beza, and Zhao Lianzhi, vice-president of state-owned Chinese firm China Road and Bridge Corporation (CRBC), inked an agreement in this regard at the former's head office in Dhaka on August 11.

In 2014, the Chinese government expressed its willingness to build the economic zone during Prime Minister Sheikh Hasina's visit to China.

It is the beginning of a massive collaboration, which will be concluded with the successful implementation of the planned Chinese Economic Zone, Harun said.

He cordially welcomed the Chinese government and the CRBC for their involvement in the development activities in Bangladesh.

Chinese Ambassador to Bangladesh Li Jiming, high officials from the Prime Minister's Office, Economic Relations Division and the Beza were also present.