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Chinese co to invest $8.0m in CEPZ

Friday, 12 March 2010


FE Report
A Chinese company, namely M/s Universal Hats and Bags Manufactures Ltd, will invest in Hats and Bags Manufacturing Industry in the Chittagong Export Processing Zone (CEPZ).
This 100 per cent foreign-owned company will invest US$ 8.0 million in setting up its unit and will produce hats and bags.
The company will also create employment opportunity for 3,000 Bangladeshi workers.