Chinese company to invest US$ 5.85m in Adamjee EPZ

JIDALAI Co. Ltd. is going to invest US$ 5.85 million to set up a Pullers of Zipper manufacturing industry in Adamjee Export Processing Zone (AEPZ). This Chinese company will produce annually 70 million pullers of zipper where 189 Bangladeshi nationals will get jobs, says a press release.
JIDALAI Co. is a strategic business partner of the reputed world zipper brand 'YKK'.
BEPZA signed an agreement with JIDALAI Co. Ltd. to this effect at BEPZA Complex, Dhaka on Wednesday. Member (Investment Promotion) of BEPZA Md Ashraful Kabir and Managing Director of JIDALAI Co. Ltd Hsu, Hsueh-Min signed the agreement on behalf of their respective organisations. Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony.
Member (Engineering) Mohammad Faruque Alam, Member (Finance) A N M Foyzul Haque, Executive Director (Admin) A.S.M. Zamshed Khon-daker, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam and Executive Director (Public Relations) A.S.M Anwar Parvez along with representatives of the enterprise and Managing Director of YKK Bangladesh Pte Ltd. Jin Deguchi were present during the signing ceremony.