Business Desk :
M/s Nova Intima Limited, a Hong Kong-British Virgin Islands owned ladies undergarments manufacturing company, signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) on Monday to invest $28 million in the BEPZA Economic Zone.
BEPZA member (investment promotion) Ali Reza Mazid and Nova Intima Limited Managing Director Vijay Uttam inked the deal on behalf of their respective organisations at BEPZA Complex in Dhaka, a press release said.
BEPZA Executive Chairman Maj Gen Abul Kalam Mohammad Ziaur Rahman was present on the occasion.
Nova Intima will produce annually 60 million units of ladies undergarments and fabrics along with accessories for producing those undergarments.
As many as 5,625 Bangladesh nationals will get employment opportunities in the factory.
