MEP Group to invest Tk200cr in electrical goods project in Mirsarai
Project expected to create around 2,000 direct and indirect jobs.
MEP Hi-Tech Industrial Park Limited, a concern of MEP Group, has started construction of a Tk200 crore electrical and electronics manufacturing facility at the National Special Economic Zone (NSEZ) in Mirsarai, Chattogram, with commercial production targeted for 2029.
The project is being developed on around 10 acres of land and will manufacture a range of electrical products, including electric wires, switches and sockets, fans, LED lights and circuit breakers.
Once fully operational, the facility is expected to create around 2,000 direct and indirect jobs. The company also plans to expand exports of its "Made in Bangladesh" electrical products alongside meeting domestic demand.
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The Bangladesh Economic Zones Authority (Beza) and MEP Hi-Tech Industrial Park Limited laid the foundation stone of the project today (26 July), according to a Beza press release.
Beza said the fully locally-funded project will establish a modern, technology-driven and environment-friendly electrical products manufacturing cluster at the NSEZ.
Jahangir Alam Chaklader, managing director of MEP Hi-Tech Industrial Park Limited, said the company is committed to developing a world-class, technology-driven and environmentally friendly manufacturing facility.
He expressed hope that the project would help meet domestic demand while strengthening the competitive position of Bangladeshi electrical products in international markets.
MEP Hi-Tech Industrial Park Limited is a concern of MEP Group, which was established in 1974. According to Beza, the group has around 2,000 corporate clients and a distribution network of more than 1,000 outlets across the country.
The group's businesses include Mohammadi Electric Wire & Multi Products (MEP) Ltd, MEP Fan Ltd, MEP Energy Saving Lamps Industries Ltd, MEP Polymer Industries Ltd, Chaklader Shipping Lines Ltd, MEP Light Industries Ltd, MEP Printing and Packaging Industries and MEP Agro Ltd.
The project follows a land lease agreement signed between Beza and MEP Hi-Tech Industrial Park Limited on 18 February 2026 for establishing a modern electrical products manufacturing facility at the NSEZ.
Beza has recently introduced time-bound plans to accelerate construction and development work by investors. MEP Hi-Tech Industrial Park Limited started construction in line with the timeline, the authority said.
Seventeen industrial enterprises are already operating at the NSEZ, while around 20 others are under construction.
The NSEZ, the country's largest planned industrial zone, is being developed along a 25-kilometre stretch of the coast in Mirsarai, with industrial facilities and integrated urban amenities.
