• Saturday, February 22, 2020

India to set up SEZ for investors from Bangladesh

Discussion in 'Bangladesh Defence Forum' started by Black_cats, Oct 8, 2019.

  1. Black_cats

    Black_cats SENIOR MEMBER

    Dec 31, 2010
    +0 / 7,156 / -5
    03:41 AM, October 08, 2019 / LAST MODIFIED: 03:41 AM, October 08, 2019
    India to set up SEZ for investors from Bangladesh


    Staff Correspondent

    India has decided to set up a special economic zone (SEZ) in Tripura’s border town of Sabroom, targeting investors from Bangladesh, said Tripura Chief Minister Biplab Kumar Deb.

    Sabroom, a small town in Tripura, is 70km away from the Chattogram Sea port in Bangladesh.

    “The Department of Commerce under the Union Ministry of Commerce and Industry on Friday gave the approval in-principal for setting up the Special Economic Zone (SEZ) in Sabroom at a cost of Rs 147 crore,” Deb wrote in a post in Twitter.

    “The proposed SEZ would be a game changer for Tripura’s economic growth and the entire Northeast would be benefited,” he said, reports Indian newspaper sentinelassam.com.

    Deb met Bangladesh Prime Minister Sheikh Hasina during her visit to Delhi last week and discussed the connectivity and trade between the Northeastern states and India.

    He said, after his request, Hasina showed interest on an international flight from Dhaka to Agartala.

    An official at the chief minister’s Secretariat told Indo-Asian news service (IANS) that the Bangladesh Prime Minister Sheikh Hasina assured that she would soon take a step in this regard.

    “Both the leaders discussed the plying of vehicles between Bangladesh and the North-eastern States.”

    During the meeting, Deb apprised Hasina about the ongoing water, surface and air connectivity issues, besides the huge scope of increasing trade and economic activities between the Northeastern states and Bangladesh.

    Sheikh Hasina told the chief minister that vehicle operation issues are likely to come up in the upcoming treaties to be signed between the two countries, the official said.