Bangladesh Economic Zones Authority has recently teamed up with a state-owned Chinese company to set up Chinese Economic and Industrial Zone (CEIZ) at Chattogram's Anwara upazila.

Around 783 acres of land has been acquired and the construction of link roads along with other utility service work has already been done to establish the zone, Beza said in a statement.

Shaikh Yusuf Harun, senior secretary and executive chairman of the Beza, and Zhao Lianzhi, vice-president of state-owned Chinese firm China Road and Bridge Corporation (CRBC), inked an agreement in this regard at the former's head office in Dhaka on August 11.

In 2014, the Chinese government expressed its willingness to build the economic zone during Prime Minister Sheikh Hasina's visit to China.

It is the beginning of a massive collaboration, which will be concluded with the successful implementation of the planned Chinese Economic Zone, Harun said.

Chinese Ambassador Li Jiming was present.