BRIC (Business Research International Corporation) Invests USD 5.32 Million on a land lease agreement with the Bangladesh Economic Zones Authority (BEZA). To establish a modern agro‑processing industry in the Jamalpur Economic Zone (JEZ). The agreement was formalised on 2 February 2026 at the BEZA office in Dhaka.
Under the arrangement, BRIC will develop an environmentally friendly and export‑oriented agro‑processing facility on five acres of land. The plant is expected to begin commercial production within three years. It will produce a range of goods including paste, pulp, puree, juice, beverages, and spices. More than 50 percent of raw materials will be sourced domestically. Boosting linkages with local agriculture and supporting value addition within the agro‑industrial sector.
The project is poised to strengthen Bangladesh’s agro‑based manufacturing landscape by enhancing production capacity. At the same time generating employment opportunities in Jamalpur and surrounding regions, and contributing to export diversification. BRIC plans to export roughly 15 percent of its output, helping integrate the country’s agro products into global value chains.
BEZA officials have highlighted the development of JEZ as part of broader efforts to attract sustainable industrial investment and shape the zone into a plug‑and‑play economic enclave. JEZ, the first government‑owned economic zone in Mymensingh Division spans 436 acres, with infrastructure such as power connections, administrative facilities, and water reservoirs already in place. After BRIC Invests USD 5.32 Million, and once fully developed. The zone is expected to create direct employment for approximately 32,000 people, contributing to regional economic growth and long‑term industrialisation.
Source: The Business Standard
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