http://www.bssnews.net/newsDetails.php?cat=2&id=179906&date=2011-05-26
Indian company to invest $15million in Adamjee EPZ
DHAKA, May 26 (BSS)-Renaissance Jewellery Bangladesh Private Limited, an Indian company, will set up a diamond, gold and platinum jewellery manufacturing industry in Adamjee Export Processing Zone here.
This foreign owned company will invest $15million in setting up their units and manufacture all kinds of diamond, gold and platinum jewellery.
The company will also create employment opportunity for 2,000 Bangladeshi nationals.
An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Renaissance Jewellery Bangladesh on BEPZA Complex today.
AZM Azizur Rahman, General Manager (Investment Promotion) of BEPZA and Hitesh Shah, Managing Director of the company signed the agreement on behalf of their respective organizations.
BEPZA Executive Chairman Major General ATM Shahidul Islam, member (engineering) Abu Reza Khan, member (finance) AKM Mahbubur Rahman, Secretary Md Shawkat Nabi and other officials of BEPZA were present at the signing ceremony.
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