Local co to invest $4.03m in Ishwardi EPZ
April 28, 2014 00:00:00
Member (Investment Promotion) of BEPZA Sayed Nurul Islam and Director of M/s Renaissance Barind ARM Shahidul Haque exchanging documents after signing an agreement on behalf of their respective organisations in the city Sunday.
M/s Renaissance Barind Limited, a Bangladeshi company, will set up a readymade garment (RMG) industry involving US$4.03 million in Ishwardi Export Processing Zone (EPZ).
In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s Renaissance Barind in the city Sunday, said a press release.
Member (Investment Promotion) of BEPZA Sayed Nurul Islam and Director of M/s Renaissance Barind ARM Shahidul Haque signed the agreement on behalf of their respective organisations.
This company will set up the plant with an annual production capacity of six million pieces of shirts and create employment opportunity for 1757 Bangladeshi nationals.
Among others, Executive Chairman of BEPZA Major General Mohd Habibur Rahman Khan, ndc, psc, was present at the deal signing ceremony.