BEZA inks land allotment deal with Ayurvedia Pharmacy
Thursday, 22 June 2023
Bangladesh Economic Zones Authority (BEZA) inked a land allotment deal with Ayurvedia Pharmacy (Dacca) Ltd AP on Wednesday to allocate three acres of land at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), reports BSS.
Ayurvedia Pharmacy (Dacca) Ltd AP plans to invest US$7.18 million to set up factory for producing health care and personal care products.
BEZA Executive Member (Investment Development) Md Mozibor Rahman and Ayurvedia Pharmacy (Dacca) Ltd AP Chairman Raquib Mohammad Fakhrul signed the agreement on behalf of their respective sides at a function at BEZA office in the city, said a press release. The company is expected to create employment for 300 Bangladeshi people.
After the signing function, BEZA Executive Chairman Sheikh Yusuf Harun said BEZA has been successful in building an investment-friendly environment in Bangladesh where the largest industrial city in South Asia is being constructed in Mirsharai.