Largest RMG Park to be set up at Gazaria
The largest RMG industrial park in Bangladesh will be set up at Gazariain Munshiganj at a cost of US$2.3bn within the next three years.
Commerce Minister Tofail Ahmed came up with the disclosure after a meeting with the representatives of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) led by its President Md. Atiqul Islam and Orient International Holding Company’s President Tang Xiaojie held at his secretariat office in the city on June 2.
After a five-month study, the Orient International Holding Company, a Chinese firm has placed its feasibility study report on the proposed industrial park.
“A Memorandum of Understanding (MoU) will be signed soon between Bangladesh Garment Manufactures and Exporters Association (BGMEA) and China’s Orient International to implement the project,” said Tofail Ahmed.
“The Industrial Park will be able to employ over 2.5 lakh workers while the country will be able to export $4bn products,” he added.
Among others, Senior Commerce Secretary HedayetUllah Al Mamoon and other RMG manufacturers attended the meeting.