Chinese company to invest $6.5 million in Dhaka EPZ to make toys
Meigo (Bangladesh) Ltd, a fully foreign owned Chinese company, is going to establish a toy manufacturing factory in Dhaka Export Processing Zone with an investment of $6.55 million.
The company will produce annually 9 lakh pieces of die-cast toys, plastic toys, plush toys and collectibles toys.
This will create employment opportunity for 1,616 Bangladeshi nationals, Bangladesh Export Processing Zones Authority (Bepza) said in a press release today.
BEPZA Member for Investment Promotion Ali Reza Mazid and Senior Operation Manager of Meigo (Bangladesh) Chen Shu Qiang inked an agreement in this regard at Bepza headquarters in Dhaka.