Wednesday, 17 April, 2024, 3:36 PM
Advance Search
Home

Chinese company to invest $6mn in BEPZA EZ

Published : Monday, 1 April, 2024 at 2:50 PM  Count : 917

Chinese company to invest $6mn in BEPZA EZ

Chinese company to invest $6mn in BEPZA EZ


Chinese company Taisheng (Bangladesh) Webbing Co Ltd is going to set up a Shoe, Bag and Garments Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ) with an investment of US$ 6 million.

Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Li Yecai, Managing Director of Taisheng (Bangladesh) Webbing Co Ltd signed the agreement on behalf of their respective organisations at BEPZA Complex in the capital recently.
 
 
Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, Bangladesh Export Processing Zones Authority (BEPZA) were also present there, said a press release.
 
Mentionable that BEPZA EZ is the largest venture of BEPZA located at Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsharai, Chattogram on 1138.55 acres of land.

The company will produce annually 6 million tons of shoe lace, elastic, draw cord, drawstring, string, webbing belt and webbing tape creating employment opportunities for 200 Bangladeshi nationals.
 

NY

Related Topics

Chinese company   invest $6mn   BEPZA EZ  








Latest News
Most Read News
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
  [ABOUT US]     [CONTACT US]   [AD RATE]   Developed & Maintenance by i2soft