Deal #7539

Location #1

Spatial accuracy level
Exact location
Location
Abdul Haque Mollah Rd, Gazaria, Bangladesh

Latitude
23.5276939
Longitude
90.68988560000003
Facility name
Abdul Monem Economic Zone
Target country
Bangladesh
Location description
The envisaged economic zone is located in Gazaria, within two mouzas (Bausia and Jajira) of Gazaria upazilla under Munshiganj,The area is popularly known as Daudkandi.he zone is situated 37 km towards east of Dhaka city adjacent to Dhaka-Chattagram highway near the Meghna-Gumti bridge.
Comment on location
The Abdul Monem Economic Zone is situated in Gazaria Upazila, Munshiganj.

Land area

Intended size (in ha)
202.343
Size under contract (leased or purchased area, in ha)
[2017] 76.86599089

Intention of investment

Intention of investment
[2017] Industry
Comment on intention of investment
Environment-friendly high-value garments and related industrial units Textile & apparels Electronics & ICT Food processing, Plastic, Furniture Pharmaceuticals Light engineering and any other industries that look at Bangladesh as a sourcing and manufacturing destination

Nature of the deal

Nature of the deal
Outright Purchase
Comment on nature of the deal
AMEZ was awarded the final license from BEZA on January 03, 2017. The land is fully owned by Abdul Monem Company Limited,

Negotiation status

Negotiation status
[2017] Concluded (Contract signed)
Comment on negotiation status
AMEZ was awarded the final license from BEZA on January 03, 2017.

Implementation status

Implementation status
[2017] Startup phase (no production)
Comment on implementation status
The development work is started. Internal road network is in progress.

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes
Planned employees (total)
100000

Operating company

Name of investment project
Abdul Monem Economic Zone.
Comment on investment chain
Abdul Monem Company Limited is a private company got license from BEZA on 2017 to development the economic zone in Gajaria, Munshigonj.

 

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Data source #1

Data source type
Company sources

Data source #2

Data source type
Government sources

Data source #3

Data source type
Government sources

Water extraction envisaged

Water extraction envisaged
Yes
Comment on water extraction envisaged
The Economic zone is adjacent to Meghna Goumoti River.

Overall comment

Overall comment
Abdul Monem Company Limited got final license on 2017 to develop an economic zone in Gajaria,Munshigonj. This land of the economic zone was planned for 202.343 H. The license was got for 76.86599089 H. The development work is started on 56 H land. This economic zone will create job opportunities for 100,000 people.

Jan. 28, 2020, 12:06 a.m.

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