Dhaka, Bangladesh (BBN)- A joint venture company will set up a Fine Gauge Knitted Garments Manufacturing Industry in Adamjee Export Processing Zone (AEPZ).
The company, M/s Ananta Huaxiang Limited, composed of four different companies from USA, Singapore, Hong Kong and Bangladesh.
They will invest US$ 11.45 million in setting up their unit and will also create employment opportunity for 3,962 Bangladeshi people.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and M/s Ananta in BEPZA Complex in Dhaka on Wednesday.
BBN/SI/AD-22Sept10-8:12 pm (BST)
