ID :
12711
Wed, 07/16/2008 - 17:44
Auther :

Korean company to invest $ 12.5 million in Karnaphuli EPZ

DHAKA, Bangladesh, July 15 (BSS)- Bohemian Travel Gear Limited, a Korean company, will set up a camping furniture, travel bag and
accessories manufacturing industry in the Karnaphuli Export Process Zone.

This 100% foreign owned company will invest about Taka 87 crore in setting up their plant and produce annually 30 million pcs of products to export. The company will also create employment opportunity for 785 Bangladeshis, including five foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and Bohemian Travel Gear on BEPZA Complex, Dhaka yesterday.

Prasanta Bhushan Barua, member (Investment Promotion) of BEPZA and Jin Ho Bae, managing director of Bohemian Travel Gear, signed the agreement on behalf of their respective organization.

Officials of BEPZA and the company were present on the occasion.

X