B Mirror Report: A lease agreement for the allocation of 3 acres of land has been signed between Bangladesh Economic Zone Authority (BEZA) and Optimaplast Industries Private Limited. The agreement was signed at the BEZA office on Tuesday. BEZA gave this information in a press release.

The company will build a new factory in the National Special Economic Zone in Mirsarai, Chittagong by investing about 3.96 million or about 4 million US dollars. In Bangladeshi currency, the amount is about 500 million taka. The factory plans to produce plastic bottles, lubricants and paint containers, buckets, lids, caps, PET preforms and PET jars, as well as blood bags and garment accessories, the company said.

Optimaplast started its journey in Chittagong in 1994 as Reliance Can Industry. Currently, the company is a leader in the production of high-quality plastic rigid and packaging products. With an annual turnover of around Tk 960 crore, the company is supplying various products including containers, packaging solutions, industrial components, etc., using advanced technology and environmentally friendly processes.

At a ceremony organized to mark the signing of the agreement, BEZA Executive Member (Investment Development) Saleh Ahmed said that the National Special Economic Zone has created special investment opportunities for investors. Optimaplast’s investment will diversify the production of backward linkage products and industrial coordination will be developed.

At the signing ceremony, Optimaplast’s Managing Director GM Ekramul Haque pledged to quickly build the factory and said, “We will build a self-sufficient factory to meet the needs of other institutions in the industrial city.”

Currently, 14 industrial institutions are in production in the National Special Economic Zone and construction work is underway for 20 more. In addition to industrial factories, urban facilities are also being added to this largest planned industrial zone in the country.