EPGL signs land leasing agreement with BEZA

Energypac Power Generation Limited (EPGL), a subsidiary of Energypac, has signed an agreement with Bangladesh Economic Zones Authority (BEZA) today at BEZA office in the capital for its upcoming project. As part of the agreement, BEZA will lease EPGL a piece of land at Bangabandhu Industrial City, Mirsarai Economic Zone for Energypac Steel Limited—a project which will draw a total investment of BDT 3989 million from EPGL.

Once completed, Energypac Steel Ltd. will specialize in steel processing and manufacturing shipping containers enhancing the capacity of Energypac alongside bringing in further excellence in steel engineering.

Paban Chowdhury, Executive Chairman (Secretary) of BEZA; Md. Harunur Rashid, Executive Member, and Mohammed Ayub, Executive Member of BEZA were present at the signing ceremony alongside Engineer Rabiul Alam, Chairman of EPGL. Mohammed Ayub and Engr. Robiul Alam signed the agreement on behalf of their respective organizations.

Talking about the project, Engr. `Rabiul Alam said, “As a local player, Energypac has heavily invested in the Energy and Engineering Sector opening up new business opportunities and creating employment. We believe, this is a timely investment which has immense possibilities as Bangladesh is setting examples in maintaining consistent economic growth over the past decade. We would also like to express our gratitude to the BEZA authority for land allocation and overall support.”

Tech and Teen

Recent Posts

Mohammad Shahjalal elected as the Chairman of eGeneration PLC

Mohammad Shahjalal has been unanimously elected as the Chairman of eGeneration PLC in the Board…

3 weeks ago

GIGABYTE Announces AORUS Z890 Motherboards Now Available, Unlocking AI-Enhanced Performance with D5 Bionic Corsa

GIGABYTE, the world’s leading computer brand, proudly announces that the AORUS Z890 series motherboards are…

3 weeks ago

PriyoShop recognised as a Semi-finalist in Supernova Challenge 2024

The Supernova Challenge is the biggest pitch competition based in Dubai, cohorting the Middle East,…

3 weeks ago

University of Information Technology and Sciences (UITS) Submits Application of ‘Intent to Apply’ for BAC Accreditation

The University of Information Technology and Sciences (UITS) Institutional Quality Assurance Cell (IQAC) submitted applications…

3 weeks ago

Banglalink Introduces Exciting Value Back Offers on iPhone 16 Series

Banglalink, the country’s innovative digital operator, is here with exclusive offers on the newest iPhone…

3 weeks ago

Kaspersky uncovers new Grandoreiro light variant

Despite the arrest of important operators in early 2024, Grandoreiro continues to be used by…

3 weeks ago