A Bangladeshi company will set up a garment-manufacturing industry in Comilla Export Processing Zone.
M/s Lyceum Fabrics Limited, a sister concern of Legend Group, will invest about 8.2 million US dollars in setting up their unit and will manufacture all kinds of garment item, a BEPZA press release said.
"The company will also create employment opportunity for 2000 Bangladeshi nationals," it said.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and M/s Lyceum Fabrics Limited at BEPZA Complex on Sunday.
Md. Moyejuddin Ahmed, Member (Investment Promotion) of BEPZA
and S.M. Abdul Hai, Managing Director of M/s. Lyceum Fabrics Limited, signed the agreement on behalf of their respective organizations.
Major General A T M Shahidul Islam, Executive Chairman of BEPZA, was present on the occasion.
News Source: BSS