BEPZA takes over land for Jashore EPZ

BEPZA has assumed control of the land acquired by the district administration for setting up the Jashore Export Processing Zone (JEPZ), says a press release.
Muhammad Abraul Hasan Mojumder, Deputy Commissioner of Jashore district, formally handed over the possession of about 503 acres of land to BEPZA on Saturday.
Project Director of Jashore EPZ Md Yousuf Pasha took over the possession of the acquired land on behalf of BEPZA in presence of Mohammad Faruque Alam, Member (Engineering) of BEPZA.
The land was located in Prembagh Union of Abhaynagar Upazila of Jashore district. Officers of Jashore EPZ Project & district administration along with local representatives were present at the handover ceremony.
On November 19 in 2023, BEPZA presented a cheque for Tk 2.66 billion to the district administration to pay compensation to the landowners.
According to the project proposal, 400 industrial plots will be prepared for investors, aiming to attract US$ 2 billion in investment. The fully operational EPZ is expected to create 150,000 direct and 300,000 indirect employment opportunities.