Deal #7559

Location #1

Spatial accuracy level
Exact location
Location
Taltali Upazila, Bangladesh

Latitude
22.0237385
Longitude
90.13077969999995
Facility name
Extension of Khulna Shipyard
Target country
Bangladesh
Location description
A large shipyard would be built on 162 acres of land at Taltoli area of Barguna district. The zone is adjacent to Payra River.
Comment on location
Khulna Shipyard Limited planned to extend shipyard to Barguna District with 65.5591 H land.

Location #2

Spatial accuracy level
Exact location
Location
Khulna - Mongla Hwy, Mongla, Bangladesh

Latitude
22.5049112
Longitude
89.59170089999998
Target country
Bangladesh

Land area

Intended size (in ha)
82.0
Size under contract (leased or purchased area, in ha)
42.492
Comment on land area
Khulna Shipyard Board extended 65.5591 H shipyard land in Barguna District. Until 5 November, 2019 42.492 H land is identified.

Intention of investment

Intention of investment
Industry
Comment on intention of investment
This project is for the development of Shipyard and Shipbreaking Industry.

Nature of the deal

Comment on nature of the deal
in respect of purchasing 65.5591H of lands at Taltoli area in Barguna, the consents of the Khulna Shipyard Board and the Ministry of Industries were also taken and required papers were submitted to the office of the Deputy Commissioner (DC) of Barguna in 2017. The purchasing procedures for the land had almost been completed.

Negotiation status

Negotiation status
[2019] Intended (Under negotiation)
Comment on negotiation status
42.492 H land is identified until 2019. The final proposal has not been done yet.

Implementation status

Implementation status
[2019] Project not started
Comment on implementation status
42.492 H land is identified until 2019. The final proposal has not been done yet. and Project is not started.

Purchase price

Purchase price
230000000
Purchase price currency
Taka
Comment on purchase price
The cost of land is 23 crore taka. The proposed budget for full project will be 1.2 billion taka.

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
200000

Operating company

Operating company
Comment on investment chain
Khulna Shipyard Limited, a ship construction and repair yard owned by the Bangladesh government and managed by the Bangladesh Navy.

 

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Data source #1

Data source type
Media report
File
Publication title
Khulna Shipyard Limited – A Bangladesh Navy success story
Date
2017-11-08

Data source #2

Data source type
Media report
File
Publication title
Large shipyard to be built in Barguna
Date
2017-11-19

Data source #3

Data source type
Media report
File
Publication title
লোহার দেশীয় চাহিদা মেটাতে বরগুনায় নতুন জাহাজভাঙ্গা শিল্পাঞ্চল
Date
2019-11-05
Comment on data source
This media report is in bangla.

Overall comment

Overall comment
Khulna Shipyard Limited planned to extend 65.5591 H land for shipyard in 2017. Until 5 November, 2019 42.492 is identified. The full project proposal has not been finished yet.

Feb. 2, 2020, 9:32 a.m.

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