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Bangladeshi co in CEPZ plans project expansion

Monday, 24 December 2007


Section Seven Ltd, a Bangladeshi company at the Chittagong Export Processing Zone (CEPZ) is going to expand their project, reports BSS.
The company will make an additional investment of 7.4 million US dollar and the total investment will stand at 9.3 million US dollar, an EPZ press release said Sunday.
The company will create job opportunities for additional 2,355 Bangladeshis and nine foreign nationals. A total of 959 Bangladeshis are already working in the company.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and Section Seven Ltd. at BEPZA Complex in the city Saturday.
General manager (Investment Promotion) AZM Azizur Rahman of BEPZA and SM Khan, Managing Director of Section Seven Ltd. Have signed the agreement on behalf of their respective organisations.