Bangladesh Economic Zones Authority (BEZA) Monday signed a memorandum of understanding (MoU) with Omera Petroleum Limited to establish a LPG Import Terminal and Reforming Process Unit in the Mirsarai Economic Zone.
Secretary of BEZA executive board Mohammed Ayub and chief executive officer (CEO) of Omera Petroleum Md Tipu Sultan signed the MoU on behalf of their respective organisations at the BEZA office in the city.
Omera Petroleum CEO Tipu Sultan said the project with an investment of about Tk 13 billion is expected to create employment opportunities for around 5,000 people.
Speaking on the occasion as chief guest, BAZA executive chairman Paban Chowdhury said BAZA is developing the economic zone on 30,000 acres of land to make it a planned and well facilitated industrial area.
According to the MoU, Omera will implement the project on 200 acres of land.