Summit Technopolis, a subsidiary of Summit Group, within six months after tripartite agreement signing, handed over the possession of 25 acres of land to Oryx Bio-tech for setting up plasma fractionation plant.
Prior to handing over, Summit Technopolis has completed extensive land improvement with additional BDT 5.14 Crore investment to meet the critical requirements for the development of the country’s first biotechnology plant.
This biotech investment in Bangladesh with a valuation of USD 300 million will be built at the Block II of Bangabandhu Hi-Tech City, Gazipur.
Oryx Bio-tech is a subsidiary of Oryx Biotech Holdings based in China and it is expected that about 2,000 high-value science graduates will be employed when the plant is expected to commence operation in 2023, subject to obtaining all the regulatory permissions.
Director of BHTPA A.N.M Shafiqul Islam, Deputy Director of BHTPA Md. Mahfuzul Kabir and other senior officials were also present at the handover ceremony at the ICT Tower in Agargaon.
MD of BHTPA Hosne Ara Begum ndc and MD of Summit Technopolis Abu Reza Khan jointly handed over the 25 acres commercial plot to Kazi Shakil, Chairman of Oryx Biotech for setting up plasma fractionation plant at Bangabandhu Hi-Tech City, Gazipur.