A Bangladesh-Netherlands joint venture’s (International Classic Composite Ltd., ICCL) plan to set up a readymade garment project at a cost of Taka 250 crore at Gazipur area is allegedly getting delayed due to pending approval by the Rajdhani Unnayan Kartripakkha (Rajuk), Dhaka’s development authority, as per media reports.
In 2015, ICCL had reportedly sought approval from Rajuk to use part of its 12-bigha land where the company already has an export-oriented factory to set up the new project, but was yet to get the approval of the concerned authority which held that the said land parcel is arable and falls under the Detailed Area Plan (DAP) and as such cannot be used for industrial purposes.
Following this and as per the Rajuk’s recommendation, ICCL has submitted an application to change the status of the land from farmland to an industrial one, claimed Managing Director of ICCL MA Muttaleeb (Khokan) speaking to the media.
“But the Rajuk has been delaying to give approval. Now our Dutch investor is threatening to withdraw the investment from Bangladesh due to the delay in implementation of the project,” maintained MA Muttaleeb, adding, “This is my own land and I want to expand my operations. Rajuk should assist me, but it has not been doing it.”
Meanwhile, Chairman of Rajuk, Sultan Ahmed had said if any factory owner submits the documents following the revised strategies of land use, mapping and design, they will get the approval.
“We will take action if there is such specific complaint with the Rajuk,” said Sultan, adding, “Anybody can come to me if he wants. I will solve his problem.”