Public Private Partnership Office
 

Project Profile (Updated: 9 February 2020)

Economic Zone at Mirersharai
Project Information
Details
Project Name:
Economic Zone at Mirersharai
Sector:
Zones
Department/Ministry:
Prime Minister’s Office
Implementing Agency:
Bangladesh Economic zones Authority
Location:
Chittagong
Estimated Capital Cost:
< $6m
$6-30m
$30-80m
$80-200m
$200-500m
> $500m
Approval:
Cabinet Committee for Economic Affairs approved the project on 27 August 2014.
Background:
Mirershorai EZ located on the eastern Bay of Bengal with an area of 550 acres of land. It is surrounded by the coast on the west and Mirershorai town on the east. Almost three-quarters of the land earmarked for this EZ is Khash land. It is a large green-field EZ project. BEZA has planned to establish significant infrastructure connectivity to the proposed site mostly to attract foreign direct investment (FDI).

An analysis carried out by BEZA suggests that the Mirershorai EZ will be competitive with similar special economic zone/industrial park (SEZ/IP) in Asian countries in term of basic infrastructure, workers’ wages and land prices. The market strategy provides for targeting ready-made garments and firms producing labor-intensive machine parts and components during the first phase of development, the automobile assembly industries in second phase and finally machine parts and components for the third phase.

BEZA has conducted a preliminary feasibility study where the project cost has been estimated primarily to be about $ 50 million. The project has good commercial and economic viability.
Objective:
The objectives of this project are:
1. To promote economic zone in Bangladesh
2. To support enhancement of efficient industrialization in the country through PPP.
3. To create employment opportunity
Project Scope:
1. Developing the EZ for multipurpose or multiuse EZ activities
2. Design, construction and Operation including phased development
3. Marketing the EZ and
4. Operating and Maintaining the EZ
Status:
Award Stage - Contract Signed
Private Partner: :
Powerpac-East West- Gasmin Consortium
Contact:

Md. Robiul Alam
Director (Project Management & Finance)
E-mail: robiul@pppo.gov.bd
Phone: +88 02 55007418
PPPO Logo
Public Private Partnership Authority
Prime Minister's Office
1st Floor, NGO Affairs Bureau Bhaban
Plot: E-13 B Agargaon, Shere Bangla Nagar
Dhaka-1207, Bangladesh
Phone: +88 02 55007421
(Last updated 9 February 2020; subject to further revision.)
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