Bangladeshi company Ms Trendy Textiles Limited is going to establish a knit composite textile industry in Dhaka EPZ.
This fully Bangladeshi owned company will invest US$ 38.99 million where 2993 Bangladeshi nationals will get employment opportunities, reports BSS citing a press release.
The company will produce annually 15 million pcs of T-Shirt, Tank-Top, Polo-Shirt, Sweat-Shirt, Cotton and CVC Fleece Jacket and Trousers, Hoody Jacket, Fancy Ladies and Children Wear, Sports Wear.
Mentionable, this agreement is signed aiming to re-operate a closed factory of Dhaka EPZ by the new ownership which is sold out through auction process.
Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Nafees Muntasir Khan, Managing Director of Trendy Textiles Limited on Tuesday signed an agreement to this effect on behalf of their respective organisations at BEPZA Complex in Dhaka.
BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the agreement signing ceremony.
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion), Md Tanvir Hossain and Executive Director (Enterprise Services) Md Khorshid Alam were present during the agreement signing ceremony.
Rule of law important for Bangladesh to attract FDI, says British envoy
Atiur stresses enhancing Bangladesh’s connectivity with South Asian countries
Revenue resurrection helps cut Bangladesh's budget deficit
Stakeholders call for framing regulations, laws for Sukuk or Shariah bonds
Bangladesh prepares to face challenges after transition from LDC
UNCTAD revises global economic growth to 4.7pc for 2021
Nutritious foods for RMG workers needed to achieve SDGs, say speakers
Eighth FYP should focus on rationale demand projection, better distribution in power sector
Thrust on successful implementation of PPP projects with Japan
Sheikh Hasina: A plinth of success
Bank cardholders losing credentials to cybercriminals
Digital currency mulled for faster, cheaper, transparent transactions
Review of ADB-funded projects next week
Dhaka cautiously weighs export, revenue losses
Booth water new hope against piped water?
Manpower export sees robust growth in eight months
Published by Syed Manzur Elahi for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK Mission Road, Dhaka-1000.
E-mail : [email protected], [email protected], [email protected]
© 2022 - All Rights with The Financial Express