{"id":61626,"date":"2025-08-11T14:27:12","date_gmt":"2025-08-11T14:27:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/61626\/"},"modified":"2025-08-11T14:27:12","modified_gmt":"2025-08-11T14:27:12","slug":"beza-hands-over-12-5-acres-land-to-china-lesso-group-for-32m-investment-in-special-ez","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/61626\/","title":{"rendered":"Beza hands over 12.5 acres land to China Lesso Group for $32m investment in Special EZ"},"content":{"rendered":"

The National Special Economic Zone currently houses 15 operational industrial units <\/p>\n

\n TBS Report\n <\/p>\n

\n 11 August, 2025, 03:25 pm <\/p>\n

\n Last modified: 11 August, 2025, 03:38 pm <\/p>\n

\n Beza Executive Chairman Chowdhury Ashik Mahmud Bin Harun hopes that this investment would inspire more in the NSEZ. Photo: TBS<\/p>\n

“> <\/p>\n

\"Beza<\/p>\n

\n Beza Executive Chairman Chowdhury Ashik Mahmud Bin Harun hopes that this investment would inspire more in the NSEZ. Photo: TBS <\/p>\n

The Bangladesh Economic Zones Authority (Beza) has leased 12.5 acres of land to China Lesso Group in the National Special Economic Zone, completing the formal handover.<\/p>\n

The lease agreement was signed on 19 September 2024.<\/p>\n

According to a press release issued today (11 August), China Lesso Group will invest approximately $32 million to produce PVC pipes, PEX pipes, solar panels, sanitary ware, kitchen equipment, doors and windows, water purifiers, waterproofing materials, fire-fighting equipment, cables, lighting, environmental protection products, and other construction materials.<\/p>\n


\n \"The
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\n <\/a><\/p>\n

The products will also be manufactured locally as part of the company’s market expansion in Bangladesh.<\/p>\n

Beza Executive Chairman Chowdhury Ashik Mahmud Bin Harun said, “The handover marked a step towards fostering a business-friendly, innovation-driven industrial environment” and he expressed hope that it would inspire further investment in the zone.<\/p>\n

A China Lesso Group representative stated that the project would prioritise environment-friendly products, renewable energy, and related supply chains, alongside financial returns.<\/p>\n

The Chinese manufacturing giant, which posted revenues of around $974 million in 2024, employs roughly 20,000 people worldwide and operates production facilities in Indonesia, Cambodia, Thailand, Malaysia, the Philippines, and other countries.<\/p>\n

Beza and China Lesso Group expect the investment and ensuing job creation to boost the zone’s economic significance and growth potential.<\/p>\n

The National Special Economic Zone currently houses 15 operational industrial units, with several more under\u00a0construction.<\/p>\n","protected":false},"excerpt":{"rendered":"The National Special Economic Zone currently houses 15 operational industrial units TBS Report 11 August, 2025, 03:25 pm…\n","protected":false},"author":2,"featured_media":61627,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-61626","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/61626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=61626"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/61626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/61627"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=61626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=61626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=61626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}