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USA-Turkey co to invest $5.548m in Adamjee EPZ

Thursday, 20 September 2007


A USA-Turkey company is going to invest US$ 5.548 million to set up a garments accessories manufacturing industry in the Adamjee Export Processing Zone, reports UNB.
Hundred per cent foreign owned company, r-Pac Bangladesh Packaging Co Ltd, will produce barcode, price ticket, care labels, woven labels, integrated labels, offset labels, hang tag, security labels etc.
An agreement, to this effect, was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the r-Pac Bangladesh Packaging Co Ltd at BEPZA Complex Wednesday.
BEPZA Member (investment promotion) Prasanta Bhushan Barua and r-Pac Bangladesh Packaging Co Regional Director Mae Nadine Lim signed the lease agreement on behalf of their respective organisations.