http://www.bssnews.net/newsDetails.php?cat=2&id=178021&date=2011-05-15
Korean company to invest $5m in Ctg EPZ
DHAKA, May 15 (BSS)- A Korean company will set up a shoe and bag manufacturing industry in the Chittagong Export Processing Zone (EPZ) investing 5.025 million US dollars.
The company, M/s Hana S & B Limited, signed an agreement with the Bangladesh Export Processing Zones Authority to this effect in the BEPZA Complex here today.
The fully foreign owned company will manufacture all kinds of shoe and bag, and create jobs for 688 Bangladeshi nationals.
A Z M Azizur Rahman, General Manager (Investment Promotion) of BEPZA, and Sang Tae Kim, Managing Director, M/s Hana S & B Limited, signed the agreement on behalf of their respective organizations.
Executive Chairman of BEPZA Major General ATM Shahidul Islam, among others, was present at the signing ceremony.
