94 plots lying unused in Mongla EPZ for 9 years
Despite having much potential Mongla Export Processing Zone (EPZ) could not be developed properly in the last nine years.
Entrepreneurs are not showing much interest in investing in the EPZ area. Ninety-four plots have been lying unused as only eight local and foreign companies are now operating in the zone.
Bagerhat Chamber of Commerce and Industries sources said the EPZ was
not developed properly due to non-cooperation of the authorities concerned.
Thousands of unemployed people of the southern region would get employment opportunity if sufficient number of industries were established here, they added.
The EPZ was established on 193 acres of land in March 2001 in Mongla port area.
The price of plot is almost half comparing to plots in other EPZs and there are roads
and waterways needed for transportation of goods.
EPZ sources said 30 plots out of 142 have been allotted so far and 11 factories have been built up on the land. Eight factories are operating now while three others have been shut down.
Manager of Agro Growers Processors Abdur Razzak said if water, gas supply, banking system and communication system could be developed here it would have attracted more investors.
For all latest news, follow The Daily Star's Google News channel.
Comments