Chinese cos to invest $ 5.048m in Uttara EPZ

http://www.newstoday.com.bd/index.php?option=details&news_id=48210&date=2011-12-28

Chinese cos to invest $ 5.048m in Uttara EPZ

Sayed Nurul Islam, member (investment promotion) of BEPZA and Chan Chi Wai, director of Trillion Gold Limited and Million Gold Limited exchanging documents after signing an agreement on behalf of their respective sides in the city recently.

News Report

Trillion Gold Limited and Million Gold Limited, two Chinese companies, will jointly set up a eyelashes, beard and wig manufacturing industry in the Uttara Export Processing Zone (EPZ).

This fully foreign owned company will invest about 5.048 million US Dollar in total in setting up their unit and will manufacture all kinds of eyelashes, beard and wig item.

The companies will also create employment opportunity for 226 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and Trillion Gold Limited and Million Gold Limited in BEPZA Complex in the city recently.

Sayed Nurul Islam, member (investment promotion) of BEPZA and Chan Chi Wai, director of Trillion Gold Limited and Million Gold Limited signed the agreement on behalf of their respective organisations.

Major General ATM Shahidul Islam, ndu, psc, executive chairman, A.Z.M. Azizur Rahman, general manager (investment promotion), Mahmud Hasan, general manager (public relations) and other officials of BEPZA were present at the signing ceremony.

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