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Foreign owned co raises output capacity in Dhaka EPZ

Friday, 11 January 2008


FE Report
M/s Lenny Fashions Ltd, a 100 per cent foreign owned company is going for expansion of its project in Dhaka Export Processing Zone.
The company will diversify production capacity with additional investment of US$ 9.89 million, including this, the total investment will stand at $ 28.253 million.
This company will also create job opportunity for additional 1691 nationals including 20 foreigners.
An agreement was signed in this connection between the Bangladesh Export Processing Zones Authority and M/s. Lenny Fashions Ltd. in. BEPZA Complex in the city Wednesday.
Member (Investment Promotion) of BEPZA Prasanta Bhushan Barua and Chief Financial Officer of M/s. Lenny Fashions Limited MFM Feroze signed the lease agreement on behalf of their respective organisations.
Executive Chairman Brig General Ashraf Abdullah Yussuf, General Manager (Investment Promotion) AKM Mahbubur Rahman and other officials of the BEPZA were present at the signing ceremony, among others.