Chinese co to invest $3.345m in Uttara EPZ

FE Team | Published: January 16, 2015 00:00:00 | Updated: November 30, 2026 06:01:00

Member (Investment Promotion) of the BEPZA Sayed Nurul Islam and General Manager of M/s Shanzhou (Bangladesh) Packing Zhai Hai Peng exchanging documents after signing an agreement on behalf of their respective organisations in the city on Thursday

M/s Shanzhou (Bangladesh) Packing Limited, a Chinese company, is going to establish a packing materials manufacturing industry in the Uttara Export Processing Zone (EPZ) involving US$3.345 million.
In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s Shanzhou (Bangladesh) Packing in the city on Thursday, said a press released.
Member (Investment Promotion) of the BEPZA Sayed Nurul Islam and General Manager of M/s Shanzhou (Bangladesh) Packing Zhai Hai Peng signed the deal on behalf of their respective organisations.
The fully foreign-owned company will produce 5.0 million square metres paper carton, 500 tonnes blisters, 2.0 million square metres sellotape and 2.0 million pieces color box annually.
The company will also create employment opportunity for 915 Bangladeshi nationals.
Among others, Executive Chairman of the BEPZA Major General Mohd Habibur Rahman Khan, ndc, psc, was present at the agreement signing ceremony.