Chinese drone maker plans $3.5 million factory at Bepza EZ

AeroSynth Limited, a company based in China, has announced plans to invest $3.5 million to set up a drone manufacturing factory in Bepza Economic Zone at Mirsharai, Chattogram.

The company plans to annually produce around 150,000 drones, including ones meant to be children's toys, for fishing and for lightweight product delivery. The project will create employment opportunities for 70 people, according to a press release.

Md Ashraful Kabir, member (investment promotion) of Bangladesh Export Processing Zones Authority (Bepza), and Hu Dandan, an authorised representative of AeroSynth Limited, signed an agreement in this regard at the Bepza Complex in Dhaka today.

Maj Gen Mohammad Moazzem Hossain, executive chairman of Bepza, thanked AeroSynth Limited for choosing Bepza Economic Zone to make the investment for the high-tech venture.

He reaffirmed Bepza's commitment to provide round-the-clock support to ensure smooth business operations.

This will be the second drone manufacturing project at Bepza Economic Zone.

The first project, which is already under implementation, focuses on producing drones for spraying agricultural pesticide, firefighting, emergency rescue, product delivery, cinematography, and mapping.

As of September, six companies have started manufacturing and exporting goods from Bepza Economic Zone.

These operational industries have created jobs for nearly 4,000 workers and exported goods worth around $19.92 million.

Several more companies are preparing to initiate production processes soon, the press release added.