S'pore-Bangladesh co to invest $4.793m for CETP in DEPZ
FE Report | Friday, 6 March 2009
D-Water CETP Ecosystems (BD) Limited, a Singapore-Bangladesh joint venture company, will invest US$ 4.793 million for setting up central effluent treatment plant (CETP) in Dhaka Export Processing Zone (DEPZ).
In this connection, an agreement was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the D-Water CETP Ecosystems (BD) Limited at the BEPZA
Complex in the city Thursday, said a press release.
BEPZA Member (investment promotion) Prasanta Bhushan Barua and D-Water CETP Ecosystems (BD) Limited Managing Director Jim Silverman signed the agreement on behalf of their respective organisations.
BEPZA Executive Chairman Brig Gen Jamil Ahmed Khan and other officials from the respective organisations were present on the occasion.
The company will invest the amount with an aim of treating 15,000-43,000 thousand cubic metres liquid effluent per day of the industries of the Dhaka EPZ.
They will establish central effluent treatment plant in a land area measuring 16000 square metres.
By installing this effluent treatment plant, the environment of Dhaka EPZ will be more pollution free.
The company will also create employment opportunity for 35 persons including seven foreign nationals.
In this connection, an agreement was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the D-Water CETP Ecosystems (BD) Limited at the BEPZA
Complex in the city Thursday, said a press release.
BEPZA Member (investment promotion) Prasanta Bhushan Barua and D-Water CETP Ecosystems (BD) Limited Managing Director Jim Silverman signed the agreement on behalf of their respective organisations.
BEPZA Executive Chairman Brig Gen Jamil Ahmed Khan and other officials from the respective organisations were present on the occasion.
The company will invest the amount with an aim of treating 15,000-43,000 thousand cubic metres liquid effluent per day of the industries of the Dhaka EPZ.
They will establish central effluent treatment plant in a land area measuring 16000 square metres.
By installing this effluent treatment plant, the environment of Dhaka EPZ will be more pollution free.
The company will also create employment opportunity for 35 persons including seven foreign nationals.