Dhaka, Bangladesh (BBN)- American company NATco Global Packaging Dhaka Ltd will set up a garments accessories industry at Adamjee Export Processing Zone in Bangladesh
This foreign-owned company will invest $7.39 million for setting up its unit which will produce different types of garments labels and accessories.
NATco Global Packaging company will create employment opportunity for 121 Bangladeshi nationals, a press statement said.
An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and NATco Global Packaging Dhaka Ltd at BEPZA Complex in Dhaka on Wednesday.
BEPZA member (investment promotion) Sayed Nurul Islam and NATco Global Packaging Dhaka country manager Al-Mamun M Rashel signed the agreement on behalf of their respective organizations.
BBN/SSR/AD-18Oct12-8:35 am (BST)
