Where Curiosity Meets the Right Information

Monday , 2 March 2026

Where Curiosity Meets the Right Information

Monday , 2 March 2026
Economy & IndustryLatest Happenings

BRIC Investment in Jamalpur EZ

Share
whatsapp image 2026 02 02 at 4.56.05 pm
Share

Business Research International Corporation (BRIC) will invest $5.32 million to establish a large-scale agro-processing plant in the Jamalpur Economic Zone (JEZ). A land lease agreement was signed on 2 February 2026 at the BEZA office in Dhaka.

The agreement was signed by Mishal Karim, Director and Vice President of BRIC, on behalf of the company, and Saleh Ahmed, Executive Member (Investment Development) and Additional Secretary of BEZA, on behalf of the authority.

The project will occupy five acres and produce paste, pulp, puree, juice, beverages, and spices, sourcing over 50% of raw materials locally. BRIC aims to start commercial production within three years and export 15% of its output, boosting Bangladesh’s international competitiveness.

The plant’s environmentally friendly design will reduce its use of gas, electricity, and water while generating a large number of jobs in the area.

The 436-acre JEZ is the first government economic zone in the Mymensingh division and is appropriate for light engineering, clothing, and agro-based industries. Important infrastructure has already been finished, including dorms, administrative buildings, gas connections, power substations, and a groundwater reservoir.

So far, 18 lease agreements have been signed, and construction is underway for six industrial units, including a skills development center. Once fully operational, the JEZ is expected to create direct employment for around 32,000 people.

BEZA officials highlighted that BRIC’s investment sets an example of sustainable industrial development and expressed hope that it will attract further local and foreign investors, accelerate industrialization in the region, and contribute to economic growth and export expansion.

For more updates, follow Markedium.

Share

Leave a comment

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Related Articles
1a8a655c724e43ddbd7456a936b0707c 18
Economy & IndustryGlobalLatest Happenings

Why the Strait of Hormuz Is the World’s Most Critical Energy Corridor

The Strait of Hormuz is a narrow waterway between Iran and Oman,...

SMART 20
Brand UpdatesLatest Happenings

Infinix unveils Smart 20 for Clear Conversations in Noisy Urban Life

Infinix has officially launched the new ‘SMART 20’ in Bangladesh, bringing Voiceprint...

BRAC Bank 1
Brand UpdatesLatest Happenings

BRAC Bank arranges day-long workshop on SME Credit Risk Management

BRAC Bank has arranged a day-long workshop for its Dhaka-based Small Credit...

BRAC Bank Visa Cashback Credit Card
Brand UpdatesEconomy & IndustryLatest Happenings

BRAC Bank launches Visa Cashback Credit Card

BRAC Bank has launched the Visa Cashback Credit Card, introducing a rewarding...