logo

British company to invest $ 5.0m in DEPZ

Wednesday, 25 November 2009


UK-based company Talisman Limited will set up an updated fashion garments industry in Dhaka Export Processing Zone (DEPZ), said a press release.
This 100 per cent foreign owned company will invest US$ 5.0 million in setting up their unit. The industry will create employment opportunity for 1800 Bangladeshi nationals.
An agreement to this effect has been signed between Bangladesh Export Processing Zones Authority (BEPZA) and Talisman Limited at BEPZA Complex in the city recently.
BEPZA Member (Investment Promotion) Md Moyjuddin Ahmed and Talisman Ltd Chairman and Managing Director MA Matin signed the agreement on behalf of their respective organisations.
BEPZA Executive Chairman Jamil.Ahmed Khan, Member (Engineering) M Mahbub Ul Alam, Secretary Md Shawkat Nabi, General Manager (Investment Promotion) AZM Azizur Rahman and other officers were present at the signing ceremony.