BEZA to sign land lease deal with Yabang Group

Bangladesh Economic Zones Authority (BEZA) is scheduled to sign a land lease agreement with Yabang Group of China on Tuesday.

The deal will be inked at the BEZA Conference Room at 10am, said a press release from BEZA.

Secretary of Prime Minister's Office Md Tofazzel Hossain Miah will be present as the chief guest at the function which will be chaired by BEZA Executive Chairman Paban Chowdhury.

Bangladesh Ambassador to China will remain connected as the guest of honour from China through a videoconference.

Paban Chowdhury said the Chinese company will be given some 100 acres of land at Bangabandhu Sheikh Mujib Shilpa Nagar.

Yabang Group will initially invest over $300 million and then increase its investment, the BEZA executive chairman told UNB on Monday.