Sino company to invest $10m in Uttara EPZ

http://www.bssnews.net/newsDetails.php?cat=2&id=211862&date=2011-11-14

Sino company to invest $10m in Uttara EPZ

DHAKA, Nov 14 (BSS) – A Chinese company will invest about 10.096 million US dollars in the Uttara Export Processing Zone (EPZ) by setting up a eyelashes and wig manufacturing industry, a press release said here today.

An agreement was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and Dong Jin Industrial (BD) Company limited in the BEPZA Complex here recently. AZM Azizur Rahman, general manager (Investment Promotion) of BEPZA and Chan Chi Wai Alred, director of the company signed the agreement on behalf of their respective organizations.

Major General ATM Shahidul Islam, executive chairman, Md Shawkat Nabi, secretary, Mahmud Hasan, general manager (Public Relations) and other Officials of BEPZA were present at the signing ceremony.

The investment is expected to create an employment opportunity for 510 Bangladeshi nationals, the press release said.

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