Jt venture foreign co to invest $10m in DEPZ
Sunday, 16 March 2008
FE Report
A joint venture Hong Kong-Aussie company styled M/s Intimate Suppliers Limited will set up a textile and garments accessories manufacturing industry in the Dhaka Export Processing Zone (DEPZ).
The foreign-owned company will invest US$ 10 million and will produce textile and garments items. The company will create employment opportunity for 1050 persons including 10 foreign nationals.
An agreement in this connection was signed between the Bangladesh Export Processing Zones Authority and the M/s Intimate Suppliers Limited in BEPZA Complex, Dhaka recently. General Manager (Investment Promotion) of BEPZA AZM Azizur Rahman and Director of M/s Intimate Suppliers Limited Chan King Fai signed the agreement on behalf of their respective organisations.
A joint venture Hong Kong-Aussie company styled M/s Intimate Suppliers Limited will set up a textile and garments accessories manufacturing industry in the Dhaka Export Processing Zone (DEPZ).
The foreign-owned company will invest US$ 10 million and will produce textile and garments items. The company will create employment opportunity for 1050 persons including 10 foreign nationals.
An agreement in this connection was signed between the Bangladesh Export Processing Zones Authority and the M/s Intimate Suppliers Limited in BEPZA Complex, Dhaka recently. General Manager (Investment Promotion) of BEPZA AZM Azizur Rahman and Director of M/s Intimate Suppliers Limited Chan King Fai signed the agreement on behalf of their respective organisations.