MNA Business Desk: The governing council of the Bangladesh Economic Zones Authority (BEZA) approved four private Economic Zones (EZ) on Thursday, reported news agency.
The approval was given in the fifth meeting of the governing council of BEZA at Prime Minister’s Office (PMO) with prime minister and chairman of the council Sheikh Hasina in the chair.
Addressing the meeting the prime minister urged the officials to work sincerely for construction of the economic zones for overall development of the country.
Sheikh Hasina said the government has given utmost priority to the private sector for development. Taking the government facilities, she said, private investors are establishing industries on arable lands indiscriminately.
“We have to protect our farm land to provide food to 160 million people … we also have to give attention to employment generation through industrialization,” she said.
Executive chairman of BEZA Paban Chowdhury gave a presentation on the progress of the activities of BEZA and its future plan.
Briefing reporters after the meeting PM’s press secretary Ihsanul Karim said the meeting approved four new private economic zones to be established in Madaripur, Faridpur, Noakhali and Kishoreganj.
The government has embarked on an initiative to construct 100 special economic zones across the country on 75,000 acres of land by 2030 to spur planned industrial development in protecting the unscrupulous use of agricultural land.