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Chinese firm to invest $22.92 million in BEPZA EZ

Published : Wednesday, 22 May, 2024 at 12:00 AM  Count : 225

Chinese firm to invest $22.92 million in BEPZA EZ

Chinese firm to invest $22.92 million in BEPZA EZ

Chinese company Sanxin Accessories MFC BD Ltd is going to invest US$ 22.92 million to set up an Interlining and Garments Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ) located at Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsharai, Chattogram.

In presence of the Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company at BEPZA Complex, Dhaka on Tuesday, says a press release. 

Md. Ashraful Kabir, Member (Investment Promotion) of BEPZA and Li Li, Chairman of Sanxin Accessories MFC BD Ltd. signed the agreement on behalf of their respective organizations. This foreign owned company will produce Interlining, Lace, TC Pocketing/Printing, Granule and Hot Melt Adhesive Powder. 2346 Bangladeshi nationals will get employment opportunity in this company.
BEPZA Executive Chairman thanked Sanxin Accessories MFC BD Ltd. for choosing BEPZA EZ as their investment destination. He hoped that the company will start construction of the factory as soon as possible and commence commercial production.

Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam, Project Director of BEPZA EZ Mohammad Anamul Haque and Executive Director (Public Relations) A.S.M Anwar Parvez along with representatives of the enterprise were present during the signing ceremony.






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