South Korean company M/s. HKD Bangladesh Limited is going to establish Tent, Tent Accessories, Camping Furniture and Camping Equipments manufacturing industry in BEPZA Economic Zone. The company will invest US$ 35.03 million where 6650 Bangladeshi nationals will get employment opportunities.
Mr. Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Mr. Chul Hee Kim, Chief Operating Officer (COO) of HKD Bangladesh Limited signed an agreement to this effect on behalf of their respective organizations today (26 May 2022) at BEPZA Complex, Dhaka. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the agreement signing ceremony.
The company will produce annually 18.8 million pcs of Tents, Backpacks, Bags, Steel Poles, Fiber Glass Poles, Travelers’ Bag, Gazebos, Screen House, Cots, Pet carrier, Camping furniture, Chair, Tables, Float tube bag, wagon, Tarp, Trolley, Purse, Steel wire, Walking stick, Steel Accessories, Steel ferrule, Steel peg, O-ring, D-ring, Steel trips, Revert, Screw, Washer, Steel bracket, Nut with washer, Tent Accessory, Cotton Blinder, Wallet/Purse, Bag Accessory and Sleeping Bag.
HKD is a fully foreign owned company started its operation in 1990 in Chattogram EPZ. HKD Bangladesh Limited would be the 5th venture of HKD group with BEPZA. The group has 4 operational enterprises in Chattogram and Karnaphuli EPZ who invested about US$ 100 million for producing tent, camping equipments and readymade garments. Around 10,000 Bangladeshi national are working in those factories.
Mentionable, including M/s. HKD Bangladesh Limited, BEPZA approved total 8 companies to set up industries in BEPZA Economic Zone. The proposed investment of the other 7 companies which have already signed lease agreement is US$ 120.11 million where employment opportunities will be created for 35,000 Bangladeshi national.
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam and Project Director of BEPZA EZ Md. Hafizur Rahman were present during the signing ceremony.
