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EPZ extends Tk 50 lakh bank loan to each affected unit
The Bangladesh Export Processing Zone (BEPZ) au thorlty approved a decision for extending bank loan upto a maximum of Taka 50 lakh to each affected industrial unit within the cyctone-hit Chittagong Export Processing Zone (CEPZ). reports UNB
The credit will be extended for a period of six months to help tide over the Immediate difficulties
The BEPZ board of gover non* met on Saturday at the International Conference Cen Ire (ICC) in Dhaka with Acting President Justice Shahabuddln Ahmed in the chair
The meeting reviewed meu sures required to help the af fee ted industrial units of the CEI*Z to become operational at the earliest and also discussed steps to protect them from possible tidal surge in the fu ture.
Reconstruction of the pro-
tectlve embankment along the CEPZ had already started which the Acting President ordered to be Immediately re built after the April 29 disaa ter. It waa disclosed In the meeting
It was further Informed that focal Insurance companies had been advised to promptly set tie Insurance < lai ma by the af fected Industrial unite. The process of settlement of such claims had already begun, they added
The board of governors was also told that electricity. Ite" water, internal telecommuni cation facilities and telex ser vice tn the CEPZ has been restored within a week of the severe cyclone and tidal surge which caused disruptions in ail these sectors
Special arrangement is in the offing for prompt Interna Uonal telephone calls from the CEPZ through booking. Restoration of Dhaka- Chittagong
direct dialling la likely to become operational by June 30 next
Meanwhile seventeen of the affected Industrial units of the Chittagong EPZ have re sumed production, out of which fourteen are foreign owned and three iotnt ven tures The rest of the affected units are Hkeiy to into pro duction by early next month
Earlier the government sanctioned Taka two crore for immediate repair and rehabil nation of the Chittagong EPZ.
The meeting waa attended among others by Finance and Planning Minister Saifur Rah man. Industries Minister Shamsul Islam Khan. Shipping Minister M K Anwar. State Minister for Energy and Min eral Resources Khandaker Musharraf Hussadn. Governor Bungiadeah Bank 3. B Chowdhury. relevant secretaries and concerned officials