China-BD joint venture company to invest $1.46m in IEPZ

Zillur Rahman, Member (Investment Promotion) of Bangladesh Export Processing Zones Authority (BEPZA) and Amin Nargis, Director of Ms Golden Ocean Ltd, exchanging an agreement signing document at BEPZA complex in the city on Monday.
Zillur Rahman, Member (Investment Promotion) of Bangladesh Export Processing Zones Authority (BEPZA) and Amin Nargis, Director of Ms Golden Ocean Ltd, exchanging an agreement signing document at BEPZA complex in the city on Monday.
block
Economic Reporter :
M/S Golden Ocean Limited, a China-Bangladesh joint venture company, will invest US$ 1.46 million to establish a garment accessories industry in Ishwardi Export Processing Zone (IEPZ).
In this regard, Bangladesh Export Processing Zones Authority (BEPZA) and M/s Golden Ocean Limited signed an agreement at BEPZA complex in the city, said a press release.
Member (Investment Promotion) of BEPZA Zillur Rahman and Director of M/s Golden Ocean Limited Amin Nargis signed the agreement on behalf of their respective organizations.
The company will produce annually 65 million yards of elastic, ribbon, shoelaces, folder elastic and jacquard elastic, said a press release.
block