Textile factory to be set up in Ctg EPZ
UNB, Dhaka
A Bangladesh-Pakistan joint venture textile factory with an investment of $ 2.458 million will be set up in Chittagong Export Processing Zone.To this effect, an agreement was signed between Bangladesh Export Processing Zones Authority (Bepza) and Familytex (BD) Ltd here yesterday. AZM Azizur Rahman, general manager (Investment Promotion) of Bepza, and MY Gora, managing director of Familytez Company, signed the agreement on behalf of the respective sides. Familytex (BD) Ltd will annually produce two million pieces of garments, sweater, bed sheet, pillowcases, comforter, apron, industrial and hospital apparels and all other textile products. It will create employment opportunity for 820 people -- 808 Bangladeshis and 12 foreign nationals. At the signing ceremony, Bepza Executive Chairman Brig General (retd) M Zakir Hossain, Member (Finance) Shajahan, Member (Engineering) Abu Reza Khan, Secretary Mahbub-ul-Alam and Chief Engineer SS Kibria were present.
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