Bangladesh’s Karnaphuli Export Processing Zone (KEPZ) is set for new investment after Ms HZ Outdoor International Company Limited decided to set up an apparel and bag manufacturing unit investing around US $ 6.03 million.
This was underlined in media reports which added the fully foreign-owned (China-Taiwanese) company will produce annually 3.08 million pieces of jackets, bags, shirt, pants, shorts, trousers, cap or hat, skirt, vest and socks and a total of 2,202 Bangladeshi nationals will get employment opportunity in this factory.
An agreement to this end was, reportedly, signed recently between Bangladesh Export Processing Zones Authority (BEPZA) and HZ Outdoor International Company Limited at Dhaka’s BEPZA Complex.
According to a press release issued in this direction, General Manager of Ms HZ Outdoor Roberto Haryono Go and Member (Investment Promotion) of BEPZA Ali Reza Mazid signed the agreement on behalf of the respective sides.
