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BEZA inks deal for new textile chemical factory in Bangladesh

20 Jul '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Bangladesh Economic Zones Authority (BEZA) and Dysin Advanced Materials Limited have signed a $13 million land allotment agreement to establish a textile chemical factory at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN).
  • The factory will be set up over a 10-acre plot.
  • The focus of this investment is on enhancing the production of textile chemicals.
Bangladesh Economic Zones Authority (BEZA) has signed a land allotment agreement with Dysin Advanced Materials Limited to establish a factory at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN). The focus of this investment is on enhancing the production of textile chemicals.

Dysin Advanced Materials Limited plans to inject $13 million to construct a textile chemical factory on a 10-acre plot.

The agreement was signed by BEZA executive member Mozibor Rahman and Mohammad Amanur Rahman, managing director of Dysin Advanced Materials, at a ceremony held at the BEZA conference room.

"Those to whom we have allotted space have built their factory buildings. Many companies have gone into production. Many are bringing in machinery and equipment,” said Bangladeshi media reports quoting BEZA executive chairman Sheikh Yusuf Harun.

ALCHEMPro News Desk (DP)

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