Deal #7552

Location #1

Spatial accuracy level
Exact location
Location
Daulatkhan Upazila, Bangladesh

Latitude
22.7048125
Longitude
90.73295929999995
Facility name
Bhola Economic Zone
Target country
Bangladesh
Location description
The economic zone is located in Bheduria Bankerhat of Bhola near the payra port.
Comment on location
Bhola Economic Zone is located in Bheduria Bankerhat in Bhola.

Land area

Intended size (in ha)
84.1746
Comment on land area
The government has already decided to acquire 84.1746 H of land at Bheduria Bankerhat for the economic zone

Intention of investment

Intention of investment
Industry
Comment on intention of investment
The economic zone will be gas based. A total of 600 billion cubic feet of gas has been found here. Suitable for gas-based mills and factories as bhola is rich in gas. Seaport is just beside Bhola and the products, to be produced in Bhola, will easily be shipped elsewhere-home and abroad.

Nature of the deal

Comment on nature of the deal
The government decided to acquire 84.1746 H land for Bhola Economic Zone in 2016.

Negotiation status

Negotiation status
[2017] Intended (Expression of interest)
Comment on negotiation status
In 2016, Former Ministry of Commerce visited the site and promised to develop Bhola Economic Zone within 2018. But no news found about the recent updated.

Implementation status

Implementation status
[2017] Project not started
Comment on implementation status
Project is not started yet. Only Government decided to acquire the land.

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes
Planned employees (total)
20000

Operating company

Operating company
Name of investment project
Bhola Economic Zone
Comment on investment chain
Bangladesh Economic Zone Authority planned to establish 39th Economic Zone Bhola in second.

 

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Data source #1

Data source type
Media report
File
Publication title
Economic zone in Bhola within 2 years: Tofail
Date
2016-08-06

Data source #2

Data source type
Media report
File
Publication title
অর্থনৈতিক জোন প্রকল্প সম্পন্ন হলে বদলে যাবে দক্ষিণাঞ্চল --------------------------------------------------------------------------------
Date
2017-01-13
Comment on data source
This report is in Bangla.

Data source #3

Data source type
Media report
File
Publication title
Tofail: Bhola to be turned into economic zone
Date
2014-10-05

Overall comment

Overall comment
The Government has decided to establish 39th Economic Zone in Bhola and planned to acquire 84.1746 H land. It was planned to establish this economic zone within 2018. But no recent update is found.

Feb. 1, 2020, 10:48 a.m.

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