HK co plans to set up private economic zone in Bangladesh

HONG KONG, Jul 24 : Evergreen Products Group Limited, an investment holding company based in Hong Kong, intends to convert the land owned by the group at northern part of Bangladesh to a private economic zone, according to a report published on https://us.acrofan.com

The group will apply to the government of Bangladesh for converting the land to economic zone and the group will be zone developer and operator.

The board of the group expressed the hope that the Economic Zone Project would provide a good opportunity to expand its revenue sources and hence will assist the Group in seeking financing and investment opportunities in the capital market, including but not limited to apply for listing in Dhaka Stock Exchange Limited in Bangladesh, which are expected to benefit the Company and its shareholders as a whole.