Bangladesh - চাইনিজ ইকোনমিক অ্যান্ড ইন্ডাস্ট্রিয়াল জোন বাংলাদেশ
Chinese Economic and Industrial Zone will be the first specialized Government to Government economic zone with an existing area of 781 acres. It has the potential to meet all the necessary conditions to become a successful economic zone. Once the economic zone is established, it is expected that there will be a huge demand for industrial plots, from potential investors.
It will accommodate around 200 industrial units including textile, pharmaceuticals, electronics, garments, chemical, ship-building, agro-based, and Information Technology (IT).
The zone has access to water transportation. The site is suitable for export oriented industries due to proximity of largest sea port of Bangladesh at Chattogram (Chittagong). It is expected to create employment for 200,000.
China Harbour agreed a USD100m investment in scheme and the Bangladeshi government allocated $50m. However a new developer has been announced after issues regarding China Harbour. China Road and Bridge Corporation or CRBC will be the new developer of CEIZ and will continue and expedite the development of CEIZ. According to BEZA, CEIZ has the potential to meet all the necessary conditions to become a successful economic zone. Once the economic zone is established, it is expected that there will be a huge demand for industrial plots, from potential investors.
Additional Details for Chinese Economic & Industrial Zone
- Total area: 750 acres
- Key industrial sectors: Chemical , Automobile assembly , garments , pharmaceutical
- Dry port / Railway: Chittagong railway station 17 km
- Nearest Airport Shah Amanat International Airport
Bangladesh Economic Zones Authority has teamed up with a state-owned Chinese company to set up Chinese Economic and Industrial Zone (CEIZ) at Chattogram’s Anwara upazila.
Around 783 acres of land has been acquired and the construction of a couple of linking roads along with other utility service work has already been done to establish the zone.
Major Highlights of Chinese Economic and Industrial Zone
- Fully government owned land
- Suitable for Shipbuilding
- No resettlement required
- Adjacent to shipbuilding hub
- Direct access to seaport
About China Road and Bridge Corporation
China Road and Bridge Corporation (CRBC), a subsidiary of China Communications Construction Company (CCCC), specializes in global civil engineering, including highways, railways, bridges, ports, and tunnels. Originating from China’s Ministry of Communications Foreign Aid Office, CRBC began its projects in 1958. In 1979, it officially entered international contracting. CCCC formed in 2005 by combining CRBC and China Harbour Engineering Company Ltd (CHEC). With over 50 branches across Asia, Africa, Europe, and the Americas, CRBC is a leading global engineering and construction firm. They focus on greenfield and brownfield projects in developing countries, especially Africa, and pursue various project types. Their motto: ‘Build roads and bridges, make contributions to society, put employees first, and strive for excellence.