Royal Sewing Ltd to invest $5.5m in Ishwardi EPZ

M/s Royal Sewing (BD) Ltd is going to establish a garments industry in Ishwardi Export Processing Zone (IEPZ) with an investment of $5.5 million.

In this regard, an agreement has been signed between  Bangladesh Export Processing Zones Authority (BEPZA) and M/s Royal Sewing (BD) Ltd in the presence of BEPZA executive chairman Abul Kalam Mohammad Ziaur Rahman at BEPZA complex on Tuesday, said a press release.

BEPZA Member (Investment Promotion) Ali Reza Mazid and Royal Sewing (BD) Chairman Kabir Ahmed inked the agreement on behalf of their respective organisations. 

Royal Sewing (BD) Ltd will manufacture annually 2.7 million pcs of different type of RMG products, home textile, pillow, blanket, cushion etc. This company will create employment opportunity for 1070 Bangladeshi nationals.

Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (Investment Promotion) Md. Tanvir Hossain and Additional Executive Director (Public Relations) Anwar Parvez along with representatives of the enterprise were present during the signing ceremony.