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Chinese company to invest $4m in Cumilla EPZ

TBP Online
12 Sep 2024 15:13:45 | Update: 12 Sep 2024 15:13:45
Chinese company to invest $4m in Cumilla EPZ
- Courtesy Photo

Chinese Company Tianhui Button (BD) Limited will establish a garment accessories manufacturing industry in Cumilla Export Processing Zone (Cumilla EPZ).

They will invest $4 million to produce 700 million pcs of different kinds of buttons like plastic button, resin button, ABS button, metal button and PU leather accessories. This foreign company will create job opportunities for 139 Bangladeshi nationals, said a press release.

In presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, an agreement to this effect signed between Bangladesh Export Processing Zones Authority (BEPZA) and Tianhui Button (BD) Company Limited at BEPZA Complex in the city on Thursday, reports BSS.

Member (Investment Promotion) of BEPZA Md Ashraful Kabir and Chairman of Tianhui Button (BD) Weirong Ni signed the agreement on behalf of their respective organisations.

Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) A N M Foyzul Haque, Executive Director (Admin) ASM Zamshed Khondaker, Executive Director (Investment Promotion) Md Tanvir Hossain, Executive Director (Enterprise Services) Md Khorshid Alam, Executive Director Moshiuddin Bin Mesbah and Executive Director (Public Relations) ASM Anwar Parvez along with representatives of the enterprise were present during the signing ceremony.

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