Dhaka, Bangladesh (BBN)– A Korean Company will invest US$ 10 million in Karnaphuli Export Processing Zone (EPZ) of Bangladesh to set up a Tent, Bag and camping accessories manufacturing industry.
The fully foreign owned M/S Glenview (BD) Limited will produce tents, canopy, bags, back pack, camping furniture and camping items, a Bangladesh Export Processing Zone Authority (BEPZA) press statement said on Thursday.
An agreement to this effect was signed the BEPZA and M/S Glenview (BD) Limited at BEPZA complex on Thursday. BEPZA member M Moyjuddin and managing director of M/S Glenview (BD) Limited Hoy Jin Lim signed the agreement on behalf of the respective sides.
BBN/SSR/AD-10Mar11-8:24 pm (BST)