Articles > Newspapers > International Newspapers, Major Markets > TendersInfo news wires > November 2009

Article: Bangladesh : Local company to invest $14.78m in Karnaphuli EPZ.

Article from:
TendersInfo
Article date:
November 2, 2009
Copyright

Byline: pinto03

A Bangladeshi company, Vancot Limited, will invest US$14.78 million to expand its garment manufacturing unit in the Karnaphuli Export Processing Zone.

The company will create employment opportunity for 5,927 Bangladeshi workers and 15 foreign nationals, a BEPZA press release said.

An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Vancot Limited in BEPZA Complex here today.

Md Moyjuddin Ahmed, member (Investment ...

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