Bangladesh company to invest US$ 3.064 million in Chittagong EPZ
DHAKA, Bangladesh, July 12 (BSS) – A Bangladesh company M/s Tube Rose Denim Limited is to set up a Garments Manufacturing Industry in the Chittagong Export Processing Zone.
This 100 per cent locally owned company will invest US$ 3.064 million in setting up the unit and will produce garments item. The company will also create employment opportunity for 645 officials and empoyees including five foreign nationals.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the M/s Tube Rose Denim Limited in BEPZA Complex, here today.
Prasanta Bhushan Barua, Member (Investment Promotion) of BEPZA and Subrata Biswas, Managing Director of M/s/ Tube Rose Denim Limited signed the agreement on behalf of their respective organizations.
Other officials from the respective organizations were present on the occasion.