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In totally free sector reforms introduced by President Ziaur Rahman within the late 1970s, town became house to the very first export processing zones in Bangladesh. Zia was assassinated through an tried navy coup in Chittagong in 1981. The 1991 Bangladesh cyclone inflicted large problems on the city. The Japanese federal government financed the construction of numerous hefty industries and a global airport inside the eighties and nineties. Bangladeshi personal sector investments improved because 1991, Primarily with the development on the Chittagong Inventory Exchange in 1995.
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[120] Stripped Classicism and things of art deco may be found in Agrabad. M. M. Ispahani Minimal relocated its head Office environment to Chittagong from Calcutta following the partition of India;[121] the Ispahani creating in Agrabad was influenced because of the artwork deco style. A different building with 1930s classical and art deco components is definitely the headquarters of the Jamuna Oil Enterprise. The setting up contains a dome and modernist columns motivated by the form more info of the 1930s and 1940s.
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Like other big urban centres in South Asia, Chittagong has professional continual development in its casual settlements because of the rising economic actions in the city and emigration from rural places. In line with a poverty reduction publication with the Global Monetary Fund, there were 1,814 slums in the city corporation place, inhabited by about one.
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