The BSCIC industrial estate in Srimangal, Moulvibazar, built at a cost of about Tk 50 crore, has remained unused for six years since its completion in 2019. Despite having 122 plots and full infrastructure including administrative and residential buildings, pump house, dumping yard, and pond, no industrial plant has started operations. The site has turned into a jungle, with key installations and equipment stolen due to neglect and lack of maintenance.

The project began in 2012 on 20 acres of land in Uttarsur area to promote industrialization. However, electricity, gas, and water connections are now largely nonfunctional. Local sources report theft of gas substation parts, transformers, and metal fittings. Entrepreneurs cite high plot prices, poor services, and administrative complications as major deterrents. One investor, Shamim Akter Hossain of Do Impex Ltd, said he suffered financial losses after returning a plot without full refund.

BSCIC officials claim new plots are being allocated under conditions requiring factories within two years, and inactive owners have been notified. The Upazila Nirbahi Officer stated that higher authorities have been informed and some work has already resumed.