Hong Kong based co invests $ 9.20m in Ishwardi EPZ

http://www.theindependentbd.com/business/finance/47067-hong-kong-based-co-invests–920m-in-ishwardi-epz.html

Hong Kong based co invests $ 9.20m in Ishwardi EPZ
STAFF REPORTER

DHAKA, APR 28: Rosita Knitwears (Pvt) Limited, a Hong Kong based company, will set up a sweater manufacturing industries in the Ishwardi export processing zone. This fully foreign owned company will invest 9.206 million US Dollar in setting up their unit and will manufacture sweater items.

The company will also create employment opportunity for 4,304 Bang1adeshi nationals, says a press release.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and M/s. Rosita Knitwears (Pvt) Limited at BEPZA Complex, Dhaka recently.

Md. Moyjuddin Ahmed, member, Investment Promotion of BEPZA and Chu Wai Hay, assistant general manager of Rosita Knitwears (Pvt) Limited signed the agreement on behalf of their respective organisations.

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