Bangladesh Export Processing Zones Authority (BEPZA) set another
example by signing a lease agreement virtually with a Chinese company
M/s. Sun-A Oral Care Products Co. Ltd. This
fully foreign owned company is going to establish an oral & dental care products manufacturing industry with an investment of US$ 4.01 million in Chattogram EPZ. BEPZA has taken such initiative to continue the flow of investment in the new
global crisis caused by the corona pandemic. Mentionable, amid the pandemic, BEPZA
is receiving investment proposals from both local and foreign investors because
of congenial investment climate in EPZs.
BEPZA and M/s. Sun-A
Oral Care Products Co. inked a deal to this effect today
(30.12.2020) connecting virtually from BEPZA
Executive Office, Dhaka, Bangladesh at one end and Bangladesh Embassy, Beijing, China at
another end. Member (Investment Promotion) of
BEPZA Mr. Md. Mahmudul Hossain Khan and Managing Director of M/s. Sun-A Oral Care Products Co. Ltd. Mr. Mao
Jianzheng signed
the agreement. Sun-A Oral Care Products company will produce 30
million pcs of modern dental care products per annum with creating job
opportunity for 94 Bangladeshi nationals.
The Ambassador of Bangladesh to China H. E. Mahbub Uz Zaman congratulated the Chinese investors and
assured them all out support to expand their
business in EPZ as well as Bangladesh. He also lauded BEPZA
for continuing the investment trend through virtual process during pandemic.
The Executive Chairman of BEPZA Major General S M
Salahuddin Islam, BP, SPP, ndc, psc thanked the investor and Bangladesh Embassy, China for
their support. He said, ‘BEPZA is marching ahead with the mandate of
the Honourable Prime Minister Sheikh Hasina - ‘Investment Friendly Bangladesh
and Enhancement of Export with Product Diversification’. By using digital
platform, we want to keep continuing our effort to attract an enormous
investment flow in the EPZs in this global corona crisis.’
Among
others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Mrs.
Nafisa Banu, Secretary Md. Zakir Hossain Chowdhury, General Manager (Public
Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) Md.
Tanvir Hossain of BEPZA at Dhaka end and Commercial Counsellor of Bangladesh
Embassy, Beijing, Mohammad Monsur Uddin and Director of Sun-A Oral Care, WU
Ojuli at Beijing end were present during the virtual signing ceremony. It may be mentioned recently BEPZA
has signed its first virtual agreement with a German bridal wear manufacturing company with an
investment of US $ 12 million.
