Korean firm to invest $25m in Mongla EPZ | The Daily Star
12:00 AM, March 01, 2016 / LAST MODIFIED: 12:00 AM, March 01, 2016

Korean firm to invest $25m in Mongla EPZ

South Korean company CS Bangla Ltd will invest $25 million to set up a tent and outdoor camping items manufacturing factory in Mongla Export Processing Zone.

An agreement to this effect was signed between Bangladesh Export Processing Zones Authority and CS Bangla at Bepza Complex in Dhaka yesterday. 

The fully foreign-owned company will produce 4.3 million pieces of tents, sleeping bags, camping chairs, bags and other accessories a year, according to a statement.

The factory will create 1,500 employment opportunities for Bangladeshi nationals, it said.

Abdul Halim Molla, member (investment promotion) of Bepza, and Do Kyun Kim, managing director of CS Bangla, signed the agreement. 

Major General Mohd Habibur Rahman Khan, executive chairman of Bepza, was also present at the event. 

Stay updated on the go with The Daily Star Android & iOS News App. Click here to download it for your device.

Grameenphone:
Type START <space> BR and send SMS it to 22222

Robi:
Type START <space> BR and send SMS it to 2222


Banglalink:
Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News

Top