Deal #7544

Location #1

Spatial accuracy level
Exact location
Location
Mirsharai, Bangladesh

Latitude
22.773039
Longitude
91.57415170000002
Facility name
Bangabandhu Sheikh Mujib Shilpa Nagar
Target country
Bangladesh
Location description
Touching three upazilas- Mirsarai, Sitakundu and Sonagazi- under Chattogram and Feni districts respectively. It is located on the mouth of river Feni covering 25 kilometers of coast lines of Sandeep channel of the Bay of Bengal.
Comment on location
It is along the strategic location of Dhaka-Chittagong industrial corridor. It is located on the mouth of river Feni covering 25 kilometers of coast lines of Sandeep channel of the Bay of Bengal.

Land area

Size under contract (leased or purchased area, in ha)
[current] 12140.569
Comment on land area
Mirsarai Economic Zone (Phase-1) will be the first multi-sector EZ in the country encompassing an area of 222.57710323 ha. Mirsarai Economic Zone (3rd Phase) is located besides the Mirsarai EZ 2A & Mirsarai 1st phase and total area is about 202.34282112 ha. Mirsarai Economic Zone (2nd Phase) is being developed besides the 1st Phase of the zone and total area is about 364.21707802 ha. BEPZA has been allotted 465.38848858 ha of land in Mirsarai EZ. BGMEA has alloted 202.34282112 ha of land. Bashundhara Industrial Economic Zone an agreement of 202.34282112 ha with BEZA. Ananta Group has got 101.17141056 ha land for 50 years.

Intention of investment

Intention of investment
Industry
Comment on intention of investment
Industrial park.

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
1500000
Comment on jobs created (total)
A total of 2 lac employment will be genereated through Mirsarai Economic Zone 2A. BGMEA factories at this park will generate employment for 5 lakh people. Bashundhara Industrial Park expect to create 10000 jobs. Ananta Group expected to generate employment for 25000 people. Yabang Investment Holding Group chemical factory is expected to generate 2,200 employment opportunities. Jinyuan Chemical Industry Limited will create employment opportunities for 200 people. “Out of the 200 employees, at least 90 percent will be local. Initially, skilled senior officials will be appointed from abroad, but we will also appoint the local people as top level officials after making them skilled.

Number of jobs for foreigners created

Jobs created (foreign)
Yes
Planned number of jobs (foreign)
20
Comment on jobs created (foreign)
Jinyuan Chemical Industry Limited will create employment opportunities for 200 people. “Out of the 200 employees, at least 90 percent will be local. Initially, skilled senior officials will be appointed from abroad(10%).

Operating company

Operating company
Name of investment project
Bangabandhu Sheikh Mujib Shilpa Nagar

 

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Data source #1

Data source type
Government sources
File
Publication title
BANGABANDHU SHEIKH MUJIB INDUSTRIAL CITY MASTER PLAN
Comment on data source
Government website.

Data source #2

Data source type
Media report
File
Publication title
Bangabandhu Shilpa Nagar to be country’s industrial hub
Date
2019-03-20

Data source #3

Data source type
Media report
File
Publication title
Chinese group to invest $140m in Bangabandhu Sheikh Mujib Shilpa Nagar
Date
2019-11-06
Comment on data source
Online webportal.

Data source #4

Data source type
Media report
File
Publication title
Mirsarai Economic Zone to witness factory operation in July
Date
2019-04-19
Comment on data source
Online newspaper.

Data source #5

Data source type
Media report
File
Publication title
Construction work of Mirsarai Economic...
Date
2019-01-13
Comment on data source
Online newspaper.

Data source #6

Data source type
Research Paper / Policy Report
File
Publication title
Coastal Land Zoning
Comment on data source
PDF report.

Negative impacts for local communities

Negative impacts for local communities
Environmental degradation
Socio-economic
Cultural loss
Other
Comment on negative impacts for local communities
Locals suffered environmental and cultural loss. Land right is violated. The environment is damaged. Forests are cut down.

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
Employment will be given to at least 1500000 people.
Received compensation (e.g. for damages or resettlements)
A total of 2 lac employment will be genereated through Mirsarai Economic Zone 2A. BGMEA factories at this park will generate employment for 5 lakh people. Bashundhara Industrial Park expect to create 10000 jobs. Ananta Group expected to generate employment for 25000 people. Yabang Investment Holding Group chemical factory is expected to generate 2,200 employment opportunities. Jinyuan Chemical Industry Limited will create employment opportunities for 200 people. “Out of the 200 employees, at least 90 percent will be local.

Promised benefits for local communities

Promised benefits for local communities
Productive infrastructure (e.g. irrigation, tractors, machinery...)
Roads
Capacity Building
Financial Support
Other

Materialized benefits for local communities

Materialized benefits for local communities
Productive infrastructure (e.g. irrigation, tractors, machinery...)
Roads
Capacity Building
Financial Support

Former land owner (not by constitution)

Former land owner
Private (smallholders)
Community
Comment on former land owner
Local people and community.

Former land use

Former land use
Forestry
Comment on former land use
Mangrove Forest.

Former land cover

Former land cover
Forest land
Comment on former land cover
Mangrove Forest- 2213 ha( Updated on year 2000).

Water extraction envisaged

Water extraction envisaged
Yes
Comment on water extraction envisaged
The Department of Public Health Engineering (DPHE) is now sinking deep tube-wells and a water reservoir.

Source of water extraction

Source of water extraction
Groundwater
Surface water (Lake)
Comment on source of water extraction
Honorable Prime Minister Sheikh Hasina has instructed to create water reservoir and rain-water harvesting infrastructure in each economic zone. In compliance with this instruction, BEZA has ensured maintenance of existing water body and create new water reservoir and lakes in Mirsarai EZ. Three lakes, each one having sizes of approximately 100 acres of land, are going to be developed in this zone and the first one is in implementation stage.

Overall comment

Overall comment
In Mirsarai, as well as in Chittagong division, business costs and cost of living are significantly lower than those of the other competing cities of the world. Chittagong, with all its potentialities, is an attractive destination for setting up huge number of industries, commercial establishments and financial institutions. With a high quality business friendly environment, it has positive impacts and contributions in shaping Chittagong into a leading regional business hub. Jinyuan Chemical Industry Limited, a sister concern of the Chinese Zhuzhou Jinyuan Chemical Industry Company Limited, is likely to be the first industry to start its operation in the Mirsarai Economic Zone (MEZ) as the company has already started factory construction to go into operation in July. “We have set a plan to start our operation from July 2019. The first phase of the factory construction will be completed in June this year,” Country Representative of the Jinyuan Chemical Industry Limited Shakhawat Hossain (Masud) told BSS.

Jan. 29, 2020, 4:57 a.m.

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