Bangladesh, Jan. 16 -- The proposed Naf Tourism Park will have hotels of international standards, resort, entertainment park, mega shopping mall, cinema, water sports beach, golf club and cable car.

Siam Siam International Group, a Thai company, will invest around US$ 500 million for developing all such facilities in the park stretching across 293 acres of land in Jaliardwip, an island in the middle of the Naf River in Cox's Bazar.

The park, mainly aimed at foreign tourists, is expected to create 12,000 employments.

The Bangladesh Economic Zones Authority (BEZA), which is supervising the park's development, held a meeting with the Thai developer on Monday to discuss the latest developments regarding the project, said a statement.

BEZA E...