Karnafuly Dry Dock SEZ gets final licence

:: Staff Correspondent ::

Bangladesh Economic Zones Authority (BEZA) has awarded the final licence to Karnafuly Dry Dock Special Economic Zone Limited (KDDSEZL) at Anwara in Chattogram for shipbuilding and ship maintenance.

Some $150 million will be invested in the KDDSEZL. The majority of the fund will come from World Bank. The dry-dock will have a capacity of 1 lakh DWT or Deadweight tonnage, according to the sources KDDSEZL.

The economic zone will create employment opportunities for three thousand people, the sources added. They have already completed work on road construction and electricity connection. Now jetty construction is going on and the work is expected to be completed by March this year, said KDDSEZL officials. Once the economic zone goes into operation, it will fetch around $120 annually after meeting local demand, they added. To this end, a license awarding ceremony was held at Pan Pacific Sonargaon Hotel in Dhaka on Thursday. The function was organ- ized by BEZA. Executive Chairman of National Skills Development Authority of Prime Minister’s Office Md Faruque Hossain, President of Chittagong Chamber of Commerce and Industry Mahbubul Alam, Executive Chairman of BEZA Paban Chowdhury, Managing Director of KDDSEZL Engineer MA Rashid, among others, were present on the occasion.

Bangladesh Economic Zone Authority (BEZA) hands over the final license for establishing the Karnaphuli DrydockSpecial Economic Zone Ltd at a ceremony held at Hotel Sonargoan in the capital on Thursday. Secretary of Prime Minister’s Office Sajjadul Hassan and others are present at the time.

 

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