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British co to invest $5.0m in Dhaka EPZ

Wednesday, 27 January 2010


M/s Talisman Limited, a 100 per cent foreign-owned UK-based company, will invest US$5.0 million for setting up high fashion garment units and producing garment items in Dhaka Export Processing Zone (EPZ), according to a press release.
The company will also create employment opportunity for 1,800 Bangladeshi nationals.
In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s Talisman Limited at BEPZA Complex in the city recently.
BEPZA Member Md Moyjuddin Ahmed and Talisman Limited Chairman and Managing Director MA Matin signed the agreement on behalf of their respective organisations in the city recently.
BEPZA Executive Chairman Brig Gen Jamil Ahmed Khan, Secretary Md Shawkat Nabi, general managers AZM Azizur Rahman and Md Khorshed Alam were present, among others, at the signing ceremony.