http://www.theindependent-bd.com/details.php?nid=157949
Two cos to invest $52m in EPZs
Bss, DHAKA
Two more foreign companies will invest over $52 million to expand their industrial units at the Export Processing Zones (EPZs).
Hong Kong-based company Epic Garments Manufacturing will expand its garment industry at the Adamjee Export Processing Zone at a cost of $32 million.
Chinese company Evergreen Products Factory Limited will invest $20.19 million to set up more units at Uttara Export Processing Zone for producing more items.
The two companies signed agreements with the Bangladesh Export Processing Zones Authority (BEPZA) yesterday at function, held at BEPZA in the city.
With the expansions, the two companies will create job opportunities for around 17,000 local people.