Deal #7523

Location #1

Spatial accuracy level
Exact location
Location
Agailjhara Upazila, Bangladesh

Latitude
22.96539409999999
Longitude
90.14013810000006
Facility name
Barisal Economic Zone
Target country
Bangladesh
Location description
Barisal Economic Zone is located in Agailjhara Upazila of Barisal. The land of economic zone is placed beside the Agailjhara- Gopalgonj road. The site is located is located on the west side of Gournadi upazila on Dhaka-Barisal highway. The land selected for the economic zone is at Paysarhat Union, about 4 km from the highway. From there, the distance to the Payra port of Patuakhali is about one and a half kilometers.
Comment on location
Barisal Economic Zone is located in Agailjhara Upazila of Barisal.

Land area

Intended size (in ha)
121.406
Comment on land area
In 18 February, 2015 BEZA approved the proposal of developing Economic Zone in Barisal. That year, the land was started to be acquired.

Intention of investment

Intention of investment
Industry
Comment on intention of investment
Industry, Export zone and Gas industry was the main reason to develop Economic zone in Barisal.

Nature of the deal

Comment on nature of the deal
121.406 H land was decided to acquire in 2015. But in 2017, the owner of the land Abdus Salam Bakhtiar said that no political or government officials talked with him about the acquisition.

Negotiation status

Negotiation status
[2017-11-29] Failed (Contract cancelled)
Comment on negotiation status
In 29 November, 2017 it was seen that selected area for the economic zone is under water. It is about 5 to 20 feet lower than the regional road. Locals said that the land in the area was submerged from the waist down to the water throughout the monsoon. BEZA rejected the decision of developing economic zone there because the land is not suitable for investment. in winter. Borro paddy is grown there.

Operating company

Operating company
Name of investment project
Barisal Economic Zone
Comment on investment chain
Investor is government of Bangladesh through the Bangladesh Economic Zones Authority

 

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Data source #1

Data source type
Media report
File
Publication title
বরিশাল ইকোনমিক জোনের জমি অধিগ্রহণ শুরু হচ্ছে
Date
2015-03-23
Comment on data source
This is a national newspaper's report in Bangla.

Data source #2

Data source type
Media report
File
Publication title
বরিশালে অর্থনৈতিক অঞ্চল হচ্ছে না
Date
2017-12-05
Comment on data source
This is a national newspaper's report in Bangla.

Former land use

Former land use
Smallholder agriculture

Overall comment

Overall comment
In 2015, BEZA approved the proposal of developing Barisal Economic Zone in Agailjhara Upazila of Barisal. In this year the 121.406 was prepared to be acquired. But in 29 November, 2017 it was seen that the proposed land for the economic zone is under water. It is about 5 to 20 feet lower than the regional road. It is a common phenomena for that land. So BEZA thought that land was not suitable for making Economic Zone. So the deal was cancelled.

Jan. 26, 2020, 5 p.m.

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