Italian company invests US$ 2.425 million in Comilla EPZ

http://www.bssnews.net/newsDetails.php?cat=0&id=176315&date=2011-05-06

Italian company invests US$ 2.425 million in Comilla EPZ

DHAKA, May 6 (BSS)- Italia knitworks Ltd, an Italian sweater manufacturing company, will set up a Sweater producing unit investing 2.425 million US dollars in the Comilla Export Processing Zone.

An agreement to this effect was signed between the BEPZ authority and M/s. Italia knitworks Ltd at BEPZA complex here yesterday (Thursday).

The company by setting up manufacturing unit will create employment opportunities for 783 Bangladeshis.

Md. Moyjuddin Ahmed, Member (Investment Promotion) of BEPZA and Angiolino Guagliumi, Managing Director of M/s. Italia Knitworks Limited signed the agreement on behalf of their respective organizations.

Major General A T M Shahidul Islam, Executive Chairman, Md. Shawkat Nabi, secretary, A.Z.M. Azizur Rahman, General Manager (Investment Promotion) and other officials of BEPZA were present at the signing ceremony.

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