Bangladeshi co invests $12.26m in Comilla EPZ
Dhaka May11: Vihrea Com Ltd, a Bangladeshi company, will set up a garments manufacturing industry in the Comilla export processing zone. This fully Bangladeshi owned company will invest $12.26 million in setting up their unit and will manufacture garment items. The company will also create employment opportunity for 1,565 Bangladeshi nationals, says a press release.
An agreement to this effect was signed between the Bangladesh export processing zones authority and Vihrea Com Ltd in BEPZA Complex, Dhaka on Wednesday. Md Moyjuddin Ahmed, member (Investment Promotion) of BEPZA and M Irfan Syed, managing director of Vihrea Com Ltd, signed the agreement on behalf of their respective organisations.
Major General A T M Shahidullslam, ndu, psc, executive chairman, Md Shawkat Nabi Secretary, AZM Azizur Rahman, general manager (Investment Promotion) and other officials of BEPZA were present at the signing ceremony.