British co to invest $ 13.5m in DEPZ

British co to invest $ 13.5m in DEPZ
Business Report

M/s. Hop Yick (Bangladesh) Ltd, a British Virgin Island company will set up a garments manufacturing industry in the Dhaka Export Processing Zone (DEPZ).

This fully foreign owned company will invest about 13.5m US Dollar in setting up their unit and will manufacture all kinds of garments item. The company will also create employment opportunity for 4685 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and M/s. Hop Yick (Bangladesh) Ltd in BEPZA Complex in the capital recently. AZM Azizur Rahman, General Manager (Investment Promotion) of BEPZA and Md. Waliul Islam Towhid, General Manager of M/s. Hop Yick (Bangladesh) Ltd signed the agreement. Major General ATM Shahidul Islam, ndu, psc, Executive Chairman, Sayed Nurullslam, Member, (Investment Promotion), Md. Shawkat Nabi, Secretary, Mahmud Hasan, General Manager (Public Relations) and other Officials of BEPZA were present at the signing ceremony.

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