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Korean co signs deal with BEPZA

Tuesday, 25 December 2007


FE Report
M/s Dong Bang Facilities (BD) Limited Managing Director Ko Jae Hyeng signed a lease agreement with Bangladesh Export Processing Zones Authority (BEPZA) General Manager (investment promotion) AZM Azizur Rahman at BEPZA complex in the city recently for expansion of its project in Dhaka Export Processing Zone (DEPZ).
M/s Dong Bang Facilities (BD) Limited, a 100 per cent foreign owned company, will enhance its production space with additional investment of US$ 7.5 million. Including this, its total investment will stand at US$ 9.143 million.
The company will also create new job opportunity for additional 764 Bangladeshi nationals.