Canada-China-owned co to invest $91.15m in Ishwardi EPZ

Big Dipper Textile Mills Ltd, a Canada-China-owned enterprise, is going to establish a Textile industry in Ishwardi Export Processing Zone (IEPZ) with an investment of $91.15 million, reports BSS.
An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Big Dipper Textile Mills Ltd at BEPZA Complex in the city on Monday.
In presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, Member (Investment Promotion) Ali Reza Mazid and Chairman of Big Dipper Textile Mills Limited Wong Jammy Kwok Chan signed the agreement on behalf of their respective organisations.
This fully foreign owned company will produce annually 15,422 tonnes Yarn. 1209 Bangladeshi nationals will get employment opportunities in this factory.
Mentionable, there are three other industries operating their business in Ishwardi and Dhaka EPZ of this enterprise.
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Administration) Md Zakir Hossain Chowdhury, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md Tanvir Hossain and Executive Director (Enterprise Services) Md Khorshid Alam were present on the occasion.