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