South Korean company Giant BD Footwear Ltd is going to invest $ 9.39 million to set up a Shoe and Shoe Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ).
Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company to this effect at BEPZA Complex, Dhaka on Thursday, reports UNB.
Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Kim Byung Jin, Chairman of Giant BD Footwear Ltd signed the agreement on behalf of their respective organizations. The Executive Chairman of BEPZA, Major General Abul Kalam Mohammad Ziaur Rahman, witnessed the signing ceremony.
This fully foreign owned company will produce annually 20 million pairs of different kinds of shoes/sandals and shoe accessories where 600 Bangladeshi nationals will get employment opportunities.
Among others, Member (Engineering) Mohammad Faruque Alam, Executive Directors Nazma Binte Alamgir, Md. Tanvir Hossain and Executive Director and Md. Khorshid Alam were present at the function.
Bd-pratidin English/Lutful Hoque
