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China to begin work on economic zone in Ctg soon

rainbowrascal

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China will soon begin work on developing an economic and industrial zone in Chattogram's Anowara upazila.

china_economic-zone.jpg


To this end, a memorandum of understanding was signed between Bangladesh Economic Zones Authority (Beza) and China Road and Bridge Corporation on Thursday.

Shaikh Yusuf Harun, executive chairman at Beza, told The Business Standard, "We want to build a Chinese Economic Zone. Earlier, we had signed a G2G [government-to-government] agreement with China. The Chinese government then nominated China Harbour Engineering Company Ltd for the work."

The Chinese government has now changed that company and entrusted China Road and Bridge Corporation with the project, he noted.

The economic zone on 778 acres of land is expected to create employment for at least 30,000 people, he said.

The zone has access to water transportation and the site is suitable for export-oriented industries because of its proximity to the largest sea port of Bangladesh, he noted.

Regarding investment, Shaikh Yusuf Harun said this zone is fully dedicated for Chinese investors. The MOU has just been signed.

Everything will be finalised after securing the seal of approval from the Cabinet Committee on Economic Affairs.

Chemical, automobile assembly, garments and pharmaceutical factories will be built in the economic zone.

China's Ambassador to Bangladesh Li Jiming said, "China is proud to be a partner in establishing a Chinese economic zone under the G2G initiative. We are committed to working quickly to complete this economic zone."

Meanwhile, 783 acres of land has been acquired for setting up the zone and construction of two connecting roads and other utilities in the project has been completed, according to Beza.

Chinese government expressed interest in building the economic zone when Prime Minister Sheikh Hasina visited China in 2014.

 

mb444

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China will soon begin work on developing an economic and industrial zone in Chattogram's Anowara upazila.

View attachment 869814


To this end, a memorandum of understanding was signed between Bangladesh Economic Zones Authority (Beza) and China Road and Bridge Corporation on Thursday.

Shaikh Yusuf Harun, executive chairman at Beza, told The Business Standard, "We want to build a Chinese Economic Zone. Earlier, we had signed a G2G [government-to-government] agreement with China. The Chinese government then nominated China Harbour Engineering Company Ltd for the work."

The Chinese government has now changed that company and entrusted China Road and Bridge Corporation with the project, he noted.

The economic zone on 778 acres of land is expected to create employment for at least 30,000 people, he said.

The zone has access to water transportation and the site is suitable for export-oriented industries because of its proximity to the largest sea port of Bangladesh, he noted.

Regarding investment, Shaikh Yusuf Harun said this zone is fully dedicated for Chinese investors. The MOU has just been signed.

Everything will be finalised after securing the seal of approval from the Cabinet Committee on Economic Affairs.

Chemical, automobile assembly, garments and pharmaceutical factories will be built in the economic zone.

China's Ambassador to Bangladesh Li Jiming said, "China is proud to be a partner in establishing a Chinese economic zone under the G2G initiative. We are committed to working quickly to complete this economic zone."

Meanwhile, 783 acres of land has been acquired for setting up the zone and construction of two connecting roads and other utilities in the project has been completed, according to Beza.

Chinese government expressed interest in building the economic zone when Prime Minister Sheikh Hasina visited China in 2014.

Fantastic news. Although we have something like 10:1 or perhaps even more trade imbalance with china the investment and migration of chinese sunset industries more than makes up for it.

Hope this SEZ is up and running soon. Give them more SEZ after this, let them come, its a win win scenario.
 

Bilal9

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Fantastic news. Although we have something like 10:1 or perhaps even more trade imbalance with china the investment and migration of chinese sunset industries more than makes up for it.

Hope this SEZ is up and running soon. Give them more SEZ after this, let them come, its a win win scenario.

They were given a completely separate EPZ just for Chinese industries and companies coming in from China for lower wages. This was planned at least five years ago. BEZA and BIDA documents mention it, and this predates the formation of BIDA as a govt. agency...
 

bluesky

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The Chinese zone is located in Anowara Sub-district (Upazilla) south of the Karnaphuli river delta (other side of the tunnel from Chittagong port). Perfect location. Details and maps here,


View attachment 870193
After reading the news in full, I understand only now the relevant govt authority will extend permission for this special Economic Zone for China.

Chinese companies are quite fast and I hope they will construct the area within two years providing roads/ accesses, telephone/ fax lines, tap water, electricity, and many others after which the investor companies will bring in their machines and build the shades as necessary.
 

Bilal9

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After reading the news in full, I understand only now the relevant govt authority will extend permission for this special Economic Zone for China.

Chinese companies are quite fast and I hope they will construct the area within two years providing roads/ accesses, telephone/ fax lines, tap water, electricity, and many others after which the investor companies will bring in their machines and build the shades as necessary.

That estimate on the project ETA timeline is correct @bluesky bhai.

Chinese entrepreneurs do not waste time, especially some of the larger govt. agencies in China.

Examples are Padma Bridge, Padma Rail link, Payra power station and many other projects.

For Payra Power Station, the contractor was China National Machinery Import and Export Corporation (CMC). Already completed.

For Padma bridge project, the contractor was China Major Bridge Engineering Co. Ltd. Already completed.

The China Railway Engineering Corporation (CREC) and 12 of its subsidiaries are engaged in the construction of the 169km Padma Bridge rail link project through that bridge, which will actually cost more money than the Bridge itself ($4.55 Billion vs. $3.6 Billion). It will connect Dhaka with jessore. Project completion ETA is 2Q/3Q 2024.

If disagreements on cost or resources does not occur, implementation is usually very fast.
 

BananaRepublicUK

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That estimate on the project ETA timeline is correct @bluesky bhai.

Chinese entrepreneurs do not waste time, especially some of the larger govt. agencies in China.

Examples are Padma Bridge, Padma Rail link, Payra power station and many other projects.

For Payra Power Station, the contractor was China National Machinery Import and Export Corporation (CMC). Already completed.

For Padma bridge project, the contractor was China Major Bridge Engineering Co. Ltd. Already completed.

The China Railway Engineering Corporation (CREC) and 12 of its subsidiaries are engaged in the construction of the 169km Padma Bridge rail link project through that bridge, which will actually cost more money than the Bridge itself ($4.55 Billion vs. $3.6 Billion). It will connect Dhaka with jessore. Project completion ETA is 2Q/3Q 2024.

If disagreements on cost or resources does not occur, implementation is usually very fast.

Chinese are the greatest infrastructure builders in history.

They put the British colonialists and their shitty plantation railway to shame.

British built railways in BD are utter shit -only suitable for transporting tea!

The ones built in India aren’t much better.
 

bluesky

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That estimate on the project ETA timeline is correct @bluesky bhai.

Chinese entrepreneurs do not waste time, especially some of the larger govt. agencies in China.

Examples are Padma Bridge, Padma Rail link, Payra power station and many other projects.

For Payra Power Station, the contractor was China National Machinery Import and Export Corporation (CMC). Already completed.

For Padma bridge project, the contractor was China Major Bridge Engineering Co. Ltd. Already completed.

The China Railway Engineering Corporation (CREC) and 12 of its subsidiaries are engaged in the construction of the 169km Padma Bridge rail link project through that bridge, which will actually cost more money than the Bridge itself ($4.55 Billion vs. $3.6 Billion). It will connect Dhaka with jessore. Project completion ETA is 2Q/3Q 2024.

If disagreements on cost or resources does not occur, implementation is usually very fast.
I am not sure if our Golden Bangladesh project engineers know, or apply the scheduling method called CPM (Critical Path Method) while doing a small or large construction job.

Such a job is not really linear as it is the amalgamation of numerous interlinked EVENTS. Event 1) has to be stopped because Event 2) must be done before 1) can be done further.

So, the schedule shows many interlinked events some of which are halted and re-started after some other events are done.

Civil construction engineers of developed countries including those from China are well-versed in reading the Master Schedule, monthly schedule, and also bi-weekly schedule. Materials are stocked and used accordingly.

Very difficult to explain. But, unless our engineers learn how to prepare and read the construction schedule for a multi-event construction project, there is little scope that they can build it.

However, our people like to scapegoat and blame others and they ask the divine power to look after their works.

- ইঞ্জিনিয়ার সাহেব , এই প্রজেক্ট কবে শেষ হইবো ?
- হেইটা আমি ক্যামনে কমু? আল্লায় কইতে পারবো। আল্লার ইচ্ছা ছাড়া কি আর কিছু হয় ? তারে ডাকেন যাতে জলদি জলদি শেষ হইয়া যায়।
 
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Bilal9

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I am not sure if our Golden Bangladesh project engineers know, or apply the scheduling method called CPM (Critical Path Method) while doing a small or large construction job.

Such a job is not really linear as it is the amalgamation of numerous interlinked EVENTS. Event 1) has to be stopped because Event 2) must be done before 1) can be done further.

So, the schedule shows many interlinked events some of which are halted and re-started after some other events are done.

Civil construction engineers of developed countries including those from China are well-versed in reading the Master Schedule, monthly schedule, and also weekly schedule. Materials are stocked and used accordingly.

Very difficult to explain. But, unless our engineers learn how to prepare and read the construction schedule for a multi-event construction project, there is little scope that they can build it.

However, our people like to scapegoat and blame others and they ask the divine power to look after their works.

- ইঞ্জিনিয়ার সাহেব , এই প্রজেক্ট কবে শেষ হইবো ?
- হেইটা আমি ক্যামনে কমু? আল্লায় কইতে পারবো। আল্লার ইচ্ছা ছাড়া কি আর কিছু হয় ? তারে ডাকেন যাতে জলদি জলদি শেষ হইয়া যায়।

I think some of the BUET professors and some of their students do know.

Project Management especially CPM and planning resources/ETA around dependencies etc. is a very basic skill worldwide that is I believe is largely absent in engg. circle in Bangladesh except at,
  1. Top hierarchies of large govt. organizations of the likes of WASA, PDB and LGED and
  2. Private organizations like large local construction firms
I used to know some top managers of PDB and LGED who were well versed in MS Project and some even had PMI certifications (PMP).

This is symptomatic of the overall lowering of education standards in Bangladesh. Hasina govt. does not want educated technologists, academics or bureaucrats questioning the govts. moves or decisions. And if you can get a job by knowing mama/chacha and make tens of millions using graft - why try too hard to know more about anything?

The shock comes to these people when they get out of Barguna, Bosila or N'Ganj and go out in the world to see the standards of education and expertise. Then they have no other option than to limit themselves to odd jobs in Fast food or convenience stores.
 
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Wergeland

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I often ponder what if western countries spent equal amount of dollars on economical investments as it spends on self-defeating foreign interventions and useless millitary invasions that destroys whole countries.

What if the west for a moment decided to play the game that China plays. Do more trade and investment. You know what, i bet it would be a far more fruitful stategy than what those meatheads who run foreign policies have managed to come up with in the past 30 years.

Bravo China.
 
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