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Khosru: CEIZ Set to Transform Economy with New Opportunities

Finance and Planning Minister Amir Khosru Mahmud Chowdhury has stated that the China Economic and Industrial Zone (CEIZ) in Anwara, Chattogram, is expected to attract investments exceeding one billion US dollars, significantly impacting the local and regional economy.

By Staff Correspondent
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CEIZ to open new horizon in economy: Khosru | News
BSS

Finance and Planning Minister Amir Khosru Mahmud Chowdhury has announced that the China Economic and Industrial Zone (CEIZ) in Anwara, Chattogram, is anticipated to attract investments of over one billion US dollars. Speaking at the foundation-laying ceremony of the Bangladesh-China Economic and Industrial Zone at Belchura, Anwara, the minister emphasized that this initiative will have a positive impact on both Anwara and the broader Chattogram economy, fostering new industrialization opportunities.

The minister highlighted that the current investment marks a significant milestone in the goal of transforming Bangladesh into a trillion-dollar economy by 2034. He noted that the project aims to create one crore jobs, with the CEIZ alone expected to provide employment for over one lakh individuals. Although current discussions indicate an investment of $500 million, the total investment, including infrastructure, is projected to surpass one billion dollars.

FAQs

Q: What is the expected investment in the China Economic and Industrial Zone (CEIZ)?

A: The expected investment in the CEIZ is over one billion US dollars, including infrastructure costs.

Q: How will the CEIZ impact the local economy?

A: The CEIZ is expected to create over one lakh jobs and positively influence the broader Chattogram economy by establishing a robust supply chain and various service sectors.

Q: What are the broader goals of the CEIZ project?

A: The broader goals include transforming Bangladesh into a trillion-dollar economy by 2034 and generating one crore jobs.

Q: Who were the key attendees at the foundation-laying ceremony?

A: Key attendees included Home Minister Salahuddin Ahmed, State Minister for Land and Chittagong Hill Tracts Affairs Mir Mohammad Helal Uddin, Chinese Ambassador to Bangladesh Yao Wen, and other dignitaries and business leaders.

Source: BSS

FAQ

What is the expected investment in the China Economic and Industrial Zone (CEIZ)?
The expected investment in the CEIZ is over one billion US dollars, including infrastructure costs.
How will the CEIZ impact the local economy?
The CEIZ is expected to create over one lakh jobs and positively influence the broader Chattogram economy by establishing a robust supply chain and various service sectors.
What are the broader goals of the CEIZ project?
The broader goals include transforming Bangladesh into a trillion-dollar economy by 2034 and generating one crore jobs.
Who were the key attendees at the foundation-laying ceremony?
Key attendees included Home Minister Salahuddin Ahmed, State Minister for Land and Chittagong Hill Tracts Affairs Mir Mohammad Helal Uddin, Chinese Ambassador to Bangladesh Yao Wen, and other dignitaries and business leaders.

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