Abdul Monem Economic Zone (AMEZ) has set a milestone in the Economic Zone era of Bangladesh by signing a Memorandum of Understanding (MoU) with Good Food Japan (General Inc Association Ltd) as its first unit investor. The Japanese company processes canned fish, meat and fruits. It hopes to start manufacturing in Bangladesh for export mainly to Japan. Competitive wages, conducive incentives and strategic location of the zone encouraged the company to choose AMEZ, company sources said. The MoU was signed recently for an advance booking of industrial plot at AMEZ, Gazaria, Munshiganj. Representatives of Bangladesh Economic Zone Authority (BEZA), chairman and managing director, deputy managing directors, project director and other high officials from Abdul Monem Ltd (the parent company), chairperson of Good Food Japan and its local office’s top officials were also present on the occasion. AMEZ is one of the pioneer private EZs approved by BEZA that has set the tone to attract FDI for Bangladesh. This is yet another step forward towards commercial inception of the zone for attraction of more investment, environment-friendly industrialisation, employment and economic growth acceleration. Authorities of AMEZ and Good Food Japan expressed their hope to be operational as soon as possible based on the current momentum of development activities in the project. They also expected that adequate support from BEZA and other relevant agencies will continue to materialise this land mark project timely.
