BGMEA and a Chinese company will jointly carry out feasibility study and environmental impact assessment on establishment of the proposed garment industrial park at Baushia of Gazaria in Munshiganj, to accommodate the non-compliant units.
Orient International Holding Company (OIH) will finance the expenditure, while Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will provide the necessary technical support to conduct both the study and the assessment by April to develop the park.
The feasibility study will scrutinize all the related issues, including total cost of developing the park, financing procedures, repaying and duration of fund, developing the park - either in the form of plots or buildings and their number, expected employment generation, and time for relocating the factories and its procedures. The environmental impact assessment will include management of industrial waste materials, and their impact.
The feasibility study will also decide how long OIH will operate the park, when it will hand over its authority to BGMEA, and how it will be done, sources said. The proposed garment park also included establishing a 300-MW power plant, central effluent treatment plants, container terminals, and dumping yards. The study will fix how these things will be set up as well as their capacity and operation, they said. www.bgmea.com.bd