LEIC partners with Hatil to pave way for furniture export
Monday, 25 August 2008
The Local Enterprise Investment Centre (LEIC), recently signed an agreement with Hatil Complex Ltd to pave the way for export of furniture from the country, says a press release.
Under the deal, LEIC will arrange a six-month long training programme for 560 employees of Hatil. The programme will assist Hatil to streamline its manufacturing process, develop skill of its employees, improve capacity utilisation, acquire required certificate, modify product design, and reduce wastage to minimise production cost.
Successful completion of this project is expected to lead Hatil to be competitive in the global market and add a new product to the export basket of Bangladesh.
Streamlining production process of Hatil will act as a model for other local furniture manufacturing companies, added the release.
LEIC is a private sector development project contributed by the Canadian International Development Agency (CIDA), and managed by IDLC Finance Limited, the largest nonbanking financial institution of the country.
CEO and Managing Director of IDLC Finance Limited Anis A Khan and Managing Director of Hatil Complex Limited Salim H Rahman signed the agreement on behalf of their respective companies.
Yongbok Jo, deputy managing director of IDLC, Israt Ara Younus, centre director of LEIC and Moshiur Rahman, director of Hatil were also present at the event.
Under the deal, LEIC will arrange a six-month long training programme for 560 employees of Hatil. The programme will assist Hatil to streamline its manufacturing process, develop skill of its employees, improve capacity utilisation, acquire required certificate, modify product design, and reduce wastage to minimise production cost.
Successful completion of this project is expected to lead Hatil to be competitive in the global market and add a new product to the export basket of Bangladesh.
Streamlining production process of Hatil will act as a model for other local furniture manufacturing companies, added the release.
LEIC is a private sector development project contributed by the Canadian International Development Agency (CIDA), and managed by IDLC Finance Limited, the largest nonbanking financial institution of the country.
CEO and Managing Director of IDLC Finance Limited Anis A Khan and Managing Director of Hatil Complex Limited Salim H Rahman signed the agreement on behalf of their respective companies.
Yongbok Jo, deputy managing director of IDLC, Israt Ara Younus, centre director of LEIC and Moshiur Rahman, director of Hatil were also present at the event.