Deal #7537

Location #1

Spatial accuracy level
Exact location
Location
Anwara Upazila, Bangladesh

Latitude
22.203642
Longitude
91.89038819999996
Facility name
Gohira Anowara Economic Zone for Chinese Investors
Target country
Bangladesh
Location description
The economic zone is located 39 km from the Chittagong seaport, 28 km from the city and 46 km from the Shah Amanat airport.
Comment on location
This will be the first specialized G2G Economic Zone, with an existing area of 316.05948659 ha. This project is also called Chinese Economic and industrial Zone(CEIZ). Chittagong railway station is located at a distance of 17 km from the CEIZ. The Port of Chittagong is the principal Port of Bangladesh. CEIZ is located at a distance of 18 km from Chittagong Port.

Land area

Intended size (in ha)
316.0
Size under contract (leased or purchased area, in ha)
301

Intention of investment

Intention of investment
Industry
Comment on intention of investment
Economic Zone for developed Bangladesh. Once the economic zone is established, it is expected that there will be a huge demand for industrial plots, from potential investors.

Negotiation status

Negotiation status
Intended (Memorandum of understanding)
Comment on negotiation status
A memorandum of understanding was signed on 11 jun 2014 during the visit of China prime minister.

Implementation status

Implementation status
Startup phase (no production)
Comment on implementation status
An official of Bangladesh Economic Zones Authority said 313 ha have already been acquired for the proposed zone.

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
200000
Comment on jobs created (total)
The project is expected to create employment for 2,00,000 persons

Operating company

Name of investment project
Gohira Anowara Economic Zone for Chinese Investors
Comment on investment chain
China Harbour and Engineering Co Ltd(Operating Company) is the investor that would develop the SEZ with an MoU with the Bangladesh Government

 

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Data source #1

Data source type
Government sources
File
Publication title
CHINESE ECONOMIC AND INDUSTRIAL ZONE (CEIZ)
Comment on data source
Government website.

Data source #2

Data source type
Media report
File
Publication title
China Harbour to build economic zone in Anwara
Date
2017-02-09

Data source #3

Data source type
Media report
File
Publication title
Zone for Chinese investors to get foundation stone
Date
2016-10-14

Data source #4

Data source type
Other (Please specify in comment field)
File
Date
2019-03-11
Comment on data source
Online news portal.

Data source #5

Data source type
Media report
File
Publication title
আনোয়ারায় চীনা অর্থনৈতিক অঞ্চল পরিদর্শনে মুখ্যসচিব
Date
2018-07-23

Data source #6

Data source type
Media report
File
Publication title
চীনা ইেকানিমক ও ই
Date
2017-03-30

Promised benefits for local communities

Promised benefits for local communities
Roads
Other
Comment on promised benefits for local communities
Connecting roads will be widened and water treatment plant and power distribution lines will be set up with financing from China. Offices and commercial buildings will be constructed as well. Loan asked from Chinese govt. to develop drainage system, electric sub station, LNG terminal; water extraction system from kalurghat,Karnaphuli, broadening the roads relating to Anowara EZ into 4 lane roads and developing a 20 storied building for BEZA.

Materialized benefits for local communities

Materialized benefits for local communities
Roads
Other
Comment on materialized benefits for local communities
Connecting roads will be widened and water treatment plant and power distribution lines will be set up with financing from China. Offices and commercial buildings will be constructed as well.

Source of water extraction

Source of water extraction
Surface water (River)
Comment on source of water extraction
The Zone has access to water transportation. Multilane Tunnel is proposed under the River Karnaphuli. the multilane road tunnel shall reduce the travel time and distance from Chittagong to the CIEZ.

Overall comment

Overall comment
Chinese Economic and Industrial Zone will be the first specialized G2G( BEZA and CHECL) economic zone. It has the potential to meet all the necessary conditions to become a successful Economic Zone. Once the economic zone is established, it is expected that there will be a huge demand for industrial plots, from potential investors. Fully government owned land. More than $2 billion investments from china will come. Partnership is 30% of the Govt and 70% of Chinese investors.

Jan. 27, 2020, 8:50 p.m.

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