Taiwan firm to expand effluent treatment plant in Dhaka EPZ
Taiwanese Ring Shine Textile Limited, operating since 1998, is going to expand its effluent treatment plant (ETP) in Dhaka Export Processing Zone, says a press release.An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (Bepza) and the Ring Shine Textile Limited yesterday. The company will invest $3 million to treat everyday 10,000 tons of liquid effluent. The company will expand the effluent treatment plant with an additional space of 4833 sq metres. The existing effluent treatment plant of Ring Shine Textile Ltd is used to purify everyday 5,000 tons of effluent. Ring Shine Textile Limited has already invested $46.02 million in Dhaka EPZ. Prasanta Bhushan Barua, member (Investment Promotion) of Bepza, and Hasaio Hai He, executive director of Ring Shine Textile, signed the lease agreement on behalf of their respective organizations. Among others, Brig General Ashraf Abdullah Yussuf, executive chairman of Bepza, was present at the signing ceremony.
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