Dhaka, Aug. 11 -- The Bangladesh Economic Zones Authority (BEZA) has officially handed over 12.5 acres of land to Chinese manufacturing giant China Lesso Group in the National Special Economic Zone (EZ).

The land lease agreement was signed earlier on September 19, 2024.

According to a press release issued on Sunday, China Lesso Group will invest around US$32.772 million to produce PVC pipes, PEX pipes, solar panels, sanitary ware, kitchen equipment, doors and windows, water purifiers, waterproofing materials, fire-fighting equipment, cables, lighting, environmental protection products, and other construction materials.

The products will also be manufactured locally as part of the company's market expansion in Bangladesh.

BEZA Executiv...