Indian co to invest $34.725m in Mongla EPZ
Thursday, 4 October 2007
An Indian company will set up a plastic industry in the Mongla Export Processing Zone (EPZ) with an investment of US$ 34.725 million, reports UNB.
In this connection, an agreement was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the JDC Recycling (Pvt) Limited at the BEPZA Complex in the city Wednesday.
BEPZA General Manager (Investment Promotion) AZM Azizur Rahman and JDC Recycling (Pvt) Limited Chairman Sumeet Chopra signed the lease agreement on behalf of their respective organisations.
Also present at the signing ceremony were BEPZA Member (Finance) AKM Mahbubur Rahman, General Manager (Security) Md Tawfiq-E-Elahi, Manager (Investment Promotion) Md Tanvir Hossain, Manager (Industrial Relations) Md Abdus Sobhan and Assistant Manager (Public Relations) Khadiza Parvin.
The one hundred per cent foreign-owned company, JDC Recycling (Pvt) Limited, will create employment opportunity for 1,022 Bangladeshi and six foreign nationals.
In this connection, an agreement was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the JDC Recycling (Pvt) Limited at the BEPZA Complex in the city Wednesday.
BEPZA General Manager (Investment Promotion) AZM Azizur Rahman and JDC Recycling (Pvt) Limited Chairman Sumeet Chopra signed the lease agreement on behalf of their respective organisations.
Also present at the signing ceremony were BEPZA Member (Finance) AKM Mahbubur Rahman, General Manager (Security) Md Tawfiq-E-Elahi, Manager (Investment Promotion) Md Tanvir Hossain, Manager (Industrial Relations) Md Abdus Sobhan and Assistant Manager (Public Relations) Khadiza Parvin.
The one hundred per cent foreign-owned company, JDC Recycling (Pvt) Limited, will create employment opportunity for 1,022 Bangladeshi and six foreign nationals.