Tk 210 crore BSCIC park in Munsiganj on the cards

Bangladesh Small and Cottage Industries Corporation (BSCIC) has ventured a Tk 210 crore plan to set up an industrial park near the capital.

The proposed "Shilpa Palli" will be set up on about 400 acres of land along Dhaka-Chittagong Highway at Gazaria, Munsiganj, 37-km southeast of Dhaka city.

BSCIC will develop the land and make industrial plots available to entrepreneurs with all facilities and utility connections, including gas, electricity, telecommunication and water, within three years of beginning of the project.

BSCIC Chairman MA Mannan yesterday presented the project proposal to Industries Minister MK Anwar and explained site selection procedure, break-up of estimated cost and prospects of the cost.

Leaders of various trade chambers and industrial associations were present at that time at the Industries Ministry's conference room.

The state-owned corporation for promotion of small enterprises would welcome private partnership in its venture for industrial park, the Chairman said.

The proposal was conceived on the advice of National Council of Industrial Development (NCID), the highest industrial policy-making body headed by the Prime Minister.

The Industries Minister said viewing the problems often faced by private entrepreneurs in developing land for industries, Prime Minister Khaleda Zia had asked Industries Ministry to opt for having its own industrial parks with all facilities for use of private sector.

He advised the BSCIC to discuss modalities of the project implementation with the private sector people. BGMEA President Kutubuddin and representatives from FBCCI and other trade bodies appreciated the initiative and extended their full support in its implementation.