Bangladeshi Company Invest US$ 1.22 m in Uttara EPZ

http://www.bssnews.net/newsDetails.php?cat=2&id=158604&date=2011-02-01

Bangladeshi Company Invest US$ 1.22 m in Uttara EPZ

Uttara Export Processing Zone. Source: http://www.epzbangladesh.org.bd/

DHAKA, Feb1 (BSS)- M/s SA international, a Bangladeshi Company, will set up a Sweater Manufacturing Industry in Uttara Export Processing Zone.

Fully Bangladeshi owned company will invest US$ 1.22 million in setting up their unit to produce sweater items. The company will also create employment opportunity for 525 persons including 2 foreign nationals.

An agreement to this effect was signed between Bangladesh Export Processing Zones Authority and M/s SA International in BEPZA Complex, Dhaka yesterday.

Moyjuddin Ahmed, Member (Investment promotion) of BEPZA and Siddiqul Alam, executive partner of the company signed the agreement on behalf of their respective organizations.

Major General A T M Shahidul Islam, Executive Chairman of BEPZA, among others, were present at the signing ceremony.

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