A Canada-China-owned enterprise, M/s Big Dipper Textile Mills Ltd, is going to establish a textile industry in Ishwardi Export Processing Zone (IEPZ) with an investment of US$ 91.15 million.
An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s Big Dipper Textile Mills Ltd at BEPZA Complex in Dhaka on Monday, said a press release.
In presence of Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc, the executive chairman of BEPZA, Ali Reza Mazid, member (Investment Promotion) of BEPZA, and Wong Jammy Kwok Chan, chairman of Big Dipper Textile Mills Ltd signed the agreement on behalf of their respective organizations.
This fully foreign-owned company will produce annually 15,422 MT Yarn. A total of 1,209 Bangladeshi nationals will get employment opportunities in this factory.
Mentionable, 3 other industries are operating their business in Ishwardi and Dhaka EPZ of this enterprise.
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Administration) Md Zakir Hossain Chowdhury, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md Tanvir Hossain and Executive Director (Enterprise Services) Md Khorshid Alam were present during the agreement signing ceremony.
