Chinese RMG co to invest $6.0m in KEPZ
Tuesday, 25 September 2007
Intimate Apparel Ltd (IAL), a Chinese (Hong Kong) company, will set up a ready-made garments (RMG) manufacturing industry in the Karnaphuli Export Processing Zone (KEPZ) investing about $6.0 million. The cent per cent foreign-owned company will produce intimate wear for men and women. It will create employment opportunity for 827 Bangladeshis and eight foreign nationals. —UNB