May 25, 2013 | 11:36 AM (BD Time)
25 May, 2013 Saturday
Jt venture to produce energy saving bulbs
. Business Report
As the load shedding is on the rise the business is also targeting production of new environment friendly energy saving bulbs which will provide lights up to three hours during the load shedding hours.
A local investor has taken up a joint venture with a Japanese firm to produce the bulbs and a plant for producing these bulbs will be set up in Munshiganj Sadar upazila in the outskirt of the city.
Brig Gen (retd) Enamul Haq, state minister for power, energy and mineral resources, and Shiro Sadoshima, Japanese ambassador to Bangladesh laid the foundation stone of the plant -- Eco Energy City, at Jorar Deul in the upazila yesterday.
The project will cost around Tk 300 crore. It will provide employment to nearly 1,000 people.
Camy Electronics of Japan and Bangladeshi firm Raja Group are jointly setting up the plant.
The plant will produce 1,000 environment friendly and energy saving bulbs every day. The bulbs will give light for three hours during load shedding.
Eco Energy City is being built on a three acre land. It will house an IT training centre, a free medical centre, an old home and an orphanage. Batches of the recruits to work in the city have already been sent to Japan for training.
Coordinator of the project Md Azizur Rahman said the plant would be able to meet the demand of the country for environment friendly lights and will also export. Owner of Raja Group MM Raja presided over the foundation laying ceremony. Local lawmaker M Idris Ali and Munshiganj Deputy Commissioner Md Azizul Alam spoke among others.
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