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TEN ECONOMIC ZONES Works to begin next year: PM

WT24 Desk

The government has a plan to kick off development work of ten Economic Zones during the next fiscal 2017-2018 to accelerate investment and improve investment climate in the country, Agencies report.

Prime Minister Sheikh Hasina has said in the parliament in reply to a question from treasury bench member M Mamunur Rashid Kiran (Noakhali-3).

In the scripted reply to the question of the lawmaker, the Prime Minister said her government has undertaken a plan in principle to set up 100 economic zones in the country, out of which permission has already been given to set up 22 economic zones.

Besides, sites were selected for 59 economic zones and 79 economic zones were given approval by the Economic Zones Governing Board, she said.

Laying importance on continuation of the macro economic stability and executing socioeconomic policies and strategies, the Prime Minister said the present government is working for increasing the public sector investment to 9 percent from existing 7.3 percent and private sector investment to 25.4 percent from current 23 percent by 2019-2020.

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