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$6 mln investment inflow in RMG accessories industry at Ishwardi EPZ

Published : Monday, 18 May, 2020 at 4:41 PM  Count : 402

$6 mln investment inflow in RMG accessories industry at Ishwardi EPZ

$6 mln investment inflow in RMG accessories industry at Ishwardi EPZ


To keep the economic drive moving fully, M/s. RSS Thread & Accessories Limited is going to establish a Garments Accessories Industry with an investment of US$ 6 million in Ishwardi EPZ, said a press release on Monday.

The 100 percent Bangladeshi owned this company will produce annually 100.2 million pcs of RFID & Adhesive Label, Paper Tag/Card, Corrugated Carton, 33 million yards of Narrow Fabric and 15.5 sq meters of corrugated Board. RSS Thread & Accessories will create employment opportunity for 485 Bangladeshi nationals.  
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and M/s. RSS Thread & Accessories Limited at BEPZA Complex in Dhaka on Monday.

BEPZA member (Engineering) Mohammad Faruque Alam and M/s. RSS Thread & Accessories Limited chairman Md Abdun Noor inked the agreement on behalf of their respective organizations.

BEPZA executive chairman Major General S M Salahuddin Islam witnessed the signing ceremony.

Among others, BEPZA general manager (Public Relations) Nazma Binte Alamgir and general manager (Investment Promotion) Md Tanvir Hossain were present during the occasion.

GY


Related Topics

RMG accessories industry   Ishwardi EPZ  








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