Korean co to invest Tk 1.05b in CEPZ
Thursday, 3 July 2008
M/s North Pole BD Limited (Unit-2), a Korean company, will set up an industry in the Chittagong Export Processing Zone (EPZ).
This one hundred per cent foreign-owned company will invest initially about Tk 1.05 billion in setting up the industry. It will produce camping tent, sleeping bag and camping chair. The company will also create an employment opportunity for 2533 Bangladeshi and two foreign nationals.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the M/s North Pole BD Limited (Unit-2) at the BEPZA Complex in the city Tuesday.
Member (Investment Promotion) of BEPZA Prasanta Bhushan Barua and CEO of M/s North Pole BD Limited (Unit-2) Steven David Fleischil signed the agreement on behalf of their respective organisations.
BEPZA Executive Chairman Jamil Ahmed Khan and other officials from both the organisations were also present on the occasion.
This one hundred per cent foreign-owned company will invest initially about Tk 1.05 billion in setting up the industry. It will produce camping tent, sleeping bag and camping chair. The company will also create an employment opportunity for 2533 Bangladeshi and two foreign nationals.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the M/s North Pole BD Limited (Unit-2) at the BEPZA Complex in the city Tuesday.
Member (Investment Promotion) of BEPZA Prasanta Bhushan Barua and CEO of M/s North Pole BD Limited (Unit-2) Steven David Fleischil signed the agreement on behalf of their respective organisations.
BEPZA Executive Chairman Jamil Ahmed Khan and other officials from both the organisations were also present on the occasion.