$2m Korean RMG plant in Dhaka EPZ soon
Unb, Dhaka
A Korean company will invest $2 million for setting up of a garment manufacturing plant in Dhaka Export Processing Zone.The 100 percent foreign owned company, M/s Coba Fashions and Apparel company, will manufacture annually about 1.8 million pieces of trousers, jacket, track suit, jersey, T-shirt, woven shirt and garments products. It will also create employment opportunities to 853 Bangladeshi nationals and eight foreigners. Coba Fashion Ltd is the sister concern of cap manufacturing company M/s Dada (Savar) Ltd of Dhaka EPZ. They will operate their plant in their own factory building. In the regards, the Bangladesh Export Processing Zones Authority (BEPZA) has given a sanction letter to the M/s Coba Fashion and Apparel Garments Manufacturing Company Ltd in Dhaka yesterday.
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