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Market news · 8 July 2023

BSCIC Plans Tk 800cr Project to Make Tannery CETP Fully Functional

The Bangladesh Small and Cottage Industries Corporation (BSCIC) has sent a proposal to the industries ministry for taking a project that will make the Central Effluent Treatment Plant (CETP) at the Savar Tannery Industrial Estate (STIE) fully functional.

It will take between Tk 500 crore and Tk 800 crore for the proposed project, which includes setting up a shed for solid waste management on 200 acres of land on the southside of the CETP, BSCIC Chairman Md Mahbubor Rahman said yesterday.

The BSCIC decided to take up the project as Bangladesh is yet to reap the full benefit from the much talked about CETP despite spending Tk 565 crore and waiting nearly a decade.

Market news summary. Unilink shares news that affects importers and exporters in Bangladesh; this post summarises a published news report.