HK co to Invest $ 9.206m in Ishwardi EPZ

http://www.newstoday.com.bd/index.php?option=details&news_id=26217&date=2011-04-30

HK co to Invest $ 9.206m in Ishwardi EPZ
News Report

Rosita Knitwears (Pvt) Limited, a Hong Kong 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 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and Rosita Knitwears (Pvt) Limited in BEPZA Complex, 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 organizations.

Major General ATM Shahidul Islam, ndu, psc, executive chairman, A.K.M Mahbubur Rahman, member (finance), A.Z.M. Azizur Rahman, general manager (investment promotion) and other officials of BEPZA were present at the signing ceremony.

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