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South Korean RMG Company to invest US$ 5.23 million in CEPZ

ienet

South Korean Company M/s. JW Apparel Limited is going to establish a Readymade Garment Industry with an investment of US$ 5.23 million in Chattogram EPZ.

This fully foreign owned company will produce annually 2.1 million pcs of various kinds of apparels specially Jackets, Pants, Vest and Blanket. JW Apparel will create employment opportunity for 1338 Bangladeshi nationals. 

An agreement to this effect signed between the Bangladesh Export Processing Zones Authority (BEPZA) and M/s. JW Apparel Limited at BEPZA Complex, Dhaka on 13 January 2020. Mr. Zillur Rahman ndc, Member (Investment Promotion) of BEPZA and Ms. Ji Won Oh, Managing Director of M/s. JW Apparel Limited inked the agreement on behalf of their respective organizations. The Executive Chairman of BEPZA Major General S M Salahuddin Islam, BP, SPP, ndc, psc witnessed the signing ceremony.

Among others, Mizanur Rahman, Member (Finance), Nazma Binte Alamgir, General Manager (Public Relations) and Md. Tanvir Hossain, General Manager (Investment Promotion) of BEPZA were present during the occasion.