Home ›› 18 Nov 2022 ›› Corporate
JF&I Packaging (BD) Ltd., a Sri Lanka-Bangladesh joint venture enterprise is going to establish a garments accessories manufacturing industry in BEPZA Economic Zone (EZ) with an investment of $11.32 million.
In this regard, an agreement has been signed between Bangladesh Export Processing Zones Authority (BEPZA) and JF&I Packaging (BD) Ltd at BEPZA Complex, on Thursday, said a press release.
BEPZA Member (Investment Promotion) Ali Reza Mazid and JF&I Packaging (BD) Director Md Shamsul Alam signed the agreement on behalf of their respective organisations.
BEPZA Executive Chairman Maj Gen Abul Kalam Mohammad Ziaur Rahman was also present in the agreement signing ceremony.
This joint venture company will produce different types of paper and packaging items. 500 Bangladeshi nationals will get employment opportunities in this factory.
Mentionable, including JF&I Packaging (BD) Ltd, BEPZA approved total 14 enterprises to establish industries in BEPZA EZ, the largest venture of BEPZA. The total proposed investment of these enterprises is $323.95million.
Among others, Member (Finance) Nafisa Banu, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (Enterprise Services) Md. Khorshid Alam and Additional Executive Director (Public Relations) Anwar Parvez along with representatives of the enterprise were present during the signing ceremony.
