China-BD Joint Venture Company to Invest US$ 1.46 Million in IEPZ
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China-Bangladesh joint venture company M/s. Golden Ocean Limited will invest US$ 1.46 million to establish a Garments Accessories industry in Ishwardi Export Processing Zone.
This company will produce annually 65 million yards of Elastic, Ribbon, Shoelaces, Folder Elastic and Jacquard Elastic. M/s Golden Ocean will create employment opportunity for 92 Bangladeshi nationals.
An agreement to this effect signed between the Bangladesh Export Processing Zones Authority (BEPZA) and M/s Golden Ocean Limited at BEPZA Complex, Dhaka on 15 July 2019. Mr. Zillur Rahman ndc, Member (Investment Promotion) of BEPZA and Amin Nargis, Director of M/s. Golden Ocean Limited signed the agreement on behalf of their respective organizations.
Major General S M Salahuddin Islam, BP, SPP, ndc, psc, Executive Chairman, Mr. Mohammad Faruque Alam, Member (Engineering), Mrs. Nazma Binte Alamgir, General Manager (Public Relations), Mr. Md. Tanvir Hossain, General Manager (Investment Promotion) of BEPZA were present at the signing ceremony.