Bangladeshi co to invest $1.14m in Dhaka EPZ
August 13, 2021 00:00:00
M/s Label Makers Limited, a Bangladeshi company, is going to establish a Garments Accessories Industry in Dhaka EPZ with an investment of US$ 1.14 million, reports BSS.
In presence of the Executive Chairman of BEPZA Major General Md Nazrul Islam, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s Label Makers Ltd at BEPZA Complex in the city.
Member (Engineering and Investment Promotion-additional charge) of BEPZA Mohammad Faruque Alam and Managing Director of Label Makers Limited Md Shahriar inked the agreement on behalf of their respective organisations.
The company will produce 1633 million pcs of Label, Hang Tag, Elastic, Paper Packaging, Seal Cord, Loop, Self Adhesive Sticker, RFID Label, Poly Bag, Biodegradable Poly Bag, Pet Film Image and Heat Transfer Label annually. Label Makers company will create employment opportunities for 285 Bangladeshi nationals.
Among others, Secretary Md Zakir Hossain Chowdhury, General Manager (PR) Nazma Binte Alamgir and General Manager (IP) Md Tanvir Hossain of BEPZA witnessed the signing ceremony.