$1.22m Dutch investment in Comilla EPZ

The Netherlands company, Golden Moon Bangladesh Ltd, will set up a shoe-upper manufacturing industry in the Comilla Export Processing Zone (CEPZ).

This fully foreign-owned company will invest US$ 1.22 million to set up its plant, said a press release.

To this effect, an agreement between the Bangladesh Export Processing Zones Authority (Bepza) and the Netherlands Company was signed in the Bepza complex yesterday.

Bepza Member Prasanta Bhushan Barua and Operation Manager of Golden Moon Bangladesh Ltd Campaci Giorgio singed the deal on behalf of their respective organisations.

The company will produce upper for women footwear, creating employment for 300 Bangladeshi people, including five foreigners.