DBL GROUP LOOKS TO PLOUGH USD 1.2 BILLION INTO DEDICATED ECONOMIC ZONE

BANGLADESH textiles and apparels major the DBL Group is pressing ahead with a plan to build a dedicated industrial zone in Moulavibazar, within the north-east of the country, sinking as much as USD1.2 billion into the project by 2021. This DBL Economic Zone, spanning more than 170 acres of land, will house 19 factories, mostly making textiles and clothing, the company has confirmed. This cluster will be located within the state-sponsored Shreehatta Economic Zone, which has good energy, telecommunications and transport connections. “The zone will make our ...


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