Hirdaramani Group of Sri Lanka expanding business in Bangladesh
DHAKA, Oct 12 (BSS)- A sister concern of Hirdaramani Group of Sri Lanka is keen to expand its business at Karnaphuli Export Processing Zone in Chittagang, a BEPZA press release said here today.
This foreign owned company Kenpark Bangladesh Apparel Limited will invest 50 million US dollars to set up their unit for manufacturing garments. This company will also create employment opportunities for 10,970 Bangladeshi nationals, the release added.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and Kenpark Bangladesh Apparel Limited at BEPZA Complex today.
A Z M Azizur Rahman, General Manager (Investment Promotion) of BEPZA and Namal Rajapakse, Chief Financial Officer of the Sri Lankan Company, signed the agreement on behalf of their respective organizations.
Major General ATM Shahidul Islam, Executive Chairman, A K M Mahbubur Rahman, Member (Finance) and other officials of BEPZA were present at the signing ceremony.