Taiwan company to invest 25.073m in Mongla EPZ

http://www.daily-sun.com/?view=details&type=daily_sun_news&pub_no=139&cat_id=1&menu_id=3&news_type_id=1&index=9

Taiwan company to invest 25.073m in Mongla EPZ

A Taiwanese company, M/S Inesca Outdoor (BD) Limited, will set up an Outdoor Garments Industry in Mongla Export Processing Zone (EPZ).

Fully foreign owned company will invest 25.073 million US dollar in setting up their unit and will produce tents, sleeping bags and outdoor garments items. The company will also create employment opportunity for 3 thousands 9 hundreds and 98 persons including 18 foreign nationals.

An agreement to this effect was signed yesterday between Bangladesh Export Processing Zones Authority (BEPZA) and M/S. Inesca Outdoor (BD) Limited at BEPZA Complex.

Member (Investment Promotion) of BEPZA Md. Moyjuddin Ahmed and Assistant General Manager of MS. Inesca Outdoor (BD) Limited Richard Chen signed the agreement on behalf of their respective organizations.

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