Belgian co to invest $2.0m in DEPZ
Friday, 4 April 2008
FE Report
Belgian company Satexco Limited will set up a security clothing industry in the Dhaka Export Processing Zone (DEPZ).
The one hundred per cent foreign-owned company will invest US$ 2 million and will create an employment opportunity for 250 Bangladeshi nationals.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and Satexco Limited at BEPZA Complex in the city Tuesday.
The general manager (investment promotion) of BEPZA and the country director of Satexco Limited signed the lease agreement on behalf of their respective organisations.
The executive chairman of BEPZA and other officials were also present on this occasion.
Belgian company Satexco Limited will set up a security clothing industry in the Dhaka Export Processing Zone (DEPZ).
The one hundred per cent foreign-owned company will invest US$ 2 million and will create an employment opportunity for 250 Bangladeshi nationals.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and Satexco Limited at BEPZA Complex in the city Tuesday.
The general manager (investment promotion) of BEPZA and the country director of Satexco Limited signed the lease agreement on behalf of their respective organisations.
The executive chairman of BEPZA and other officials were also present on this occasion.