# MEP Hi-Tech Announces Tk 200cr Investment in Mirsarai Economic Zone

*MEP Hi-Tech plans to invest Tk 200 crore in setting up an electrical and electronics manufacturing plant in the Mirsarai Economic Zone.*

July 26, 2026 · business

MEP Hi-Tech is investing Tk 200 crore to establish an electrical and electronics manufacturing facility at the National Special Economic Zone in Mirsarai, Chattogram. The facility, spanning around 10 acres, will produce a range of products including wires, switch-sockets, fans, LED lights, and circuit breakers. The project is expected to create around 2,000 direct and indirect jobs and begin operations within the next year.

## Significance of the Investment

The investment by MEP Hi-Tech is significant for several reasons. It will contribute to the industrialization of the region, promote technology-driven production, and help create import-substituting industries. Additionally, the project is expected to generate jobs and diversify exports, further boosting the local economy.

## Background and Context

MEP Group, the parent company of MEP Hi-Tech, has been operating in Bangladesh's electrical and electronics sector since 1974. The company's decision to invest in the Mirsarai Economic Zone underscores the growing importance of special economic zones in attracting industrial investment. The Bangladesh Economic Zones Authority (BEZA) has been instrumental in facilitating this investment, aiming to create an investment-friendly environment.

The construction of the MEP Hi-Tech Industrial Park was inaugurated by Saleh Ahmed, BEZA Executive Member and Additional Secretary (Investment and Development). Special guests at the ceremony included MEP Group Managing Director Dr. Md Jahangir Alam Chakladar and Chairman Shafiul Ahmed Chakladar.

## Sources

- BSS

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Source: https://pulsetoday.com.bd/en/business/mep-hi-tech-invests-tk-200cr-mirsarai-economic-zone