BD-Netherlands joint venture factory inaugurated

http://nation.ittefaq.com/issues/2009/03/22/news0720.htm

BD-Netherlands joint venture factory inaugurated

The inaugural ceremony of a Netherlands-Bangladesh joint venture, International Classic Composite Ltd. (ICCL), a state-of-the art knit garmen factory of the country, Noajur, Kodda, Joydevpur, Gazipur was held on 18 March at factory premises.

Commerce Minister Lt. Col (Retd) Muhammad Faruk Khan, also MP, inaugurated the factory complex as chief guest while Mrs. Bea ten Tusscher, the Royal Dutch Ambassador in Bangladesh was present as special guest.

M.A. Muttaleeb (Khokan), Managing Director of International Classic Composite Ltd delivered the welcome speech and Mr. Joel L. Menco, Director thanked the guests.

Mr. Khokan said that ICCL is a fully compliant factory with capacity of producing 5,00,000 pes garments per month with 1000 workers efforts. And it would be able to add more value to the RMG sector as it is established like an independent world standard garment factory. That is why its production capacity is high and able to meet the delivery date with adequate supply with quality products.

Ambassador of the Netherlands to Bangladesh Ms. Bea ten Tusscher said, “We are also feeling proud to be a stakeholder of this factory as we providing financial support to ETP and Dye House under PSOM programme of the Netherlands Government”. Bangladesh is not a developing country rather it is a developed country as it holds this very factory with world standard facilities, she added.

Commerce minister said after visiting the factory”I am really charmed to see the factory’s environment as well as warm relationship among M.D, Directors, High officials and workers. So, I hope to see the same in other factories of the country.”

Krishnamoorthy, High Commissioner of Srilanka, Mr. Khandker Fazle Rashid, Managing Director of Dhaka Bank Ltd, Mr. Sajedur Rahman, Managing Director of Basic Bank Ltd were, among others were also present in the ceremony.

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