PowerPac signs final deal to develop EZ in Mongla

PowerPac Economic Zone (Pvt) Ltd, a sister concern of local business house Sikder Group, has singed the final deal with Bangladesh Economic Zones Authority (BEZA) to develop an economic zone, PowerPac Economic Zone(PEZ), at Mongla, reports UNB.
PEZ managing director Ron Haque Sikder and BEZA executive member Abdus Samad signed the deal on behalf of the respective sides at a function at a city hotel yesterday. BEZA officials attending the signing ceremony said Sikder Group will develop the PEZ on 205 acres of land under public-private partnership and operate it for the next 50 years.
“The government has undertaken a move to develop 100 economic zones in six categories, including PPP. The PEZ will be the first of the economic zones to be developed under PPP model,” said BEZA executive chairman Paban Chowdhury while addressing the deal signing ceremony.

PowerPac signs final deal to develop EZ in Mongla

PowerPac Economic Zone (Pvt) Ltd, a sister concern of local business house Sikder Group, has singed the final deal with Bangladesh Economic Zones Authority (BEZA) to develop an economic zone, PowerPac Economic Zone(PEZ), at Mongla, reports UNB. PEZ managing director Ron Haque Sikder and BEZA executive member Abdus Samad signed the deal on behalf of the respective sides at a function at a city hotel yesterday. BEZA officials attending the signing ceremony said Sikder Group will develop the PEZ on 205 acres of land under public-private partnership and operate it for the next 50 years. The government has undertaken a move to develop 100 economic zones in six categories, including PPP. The PEZ will be the first of the economic zones to be developed under PPP model, said BEZA executive chairman Paban Chowdhury while addressing the deal signing ceremony.