US$ 6.69 million investment in agro based industry at Ishwardi EPZ
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SPS Agrotech Ltd., an Indo-Bangla Joint Venture Company signed an agreement with BEPZA to establish a Rice Bran Oil manufacturing industry in Ishwardi EPZ with an investment of US$ 6.69 million. This agro-based product is a new addition to the diversified items manufactured in EPZs and going to be the first rice bran oil industry in EPZs. In presence of the Executive Chairman of BEPZA Major General Md Nazrul Islam, SPP, ndu, afwc, psc, G, Member (Finance & Investment Promotion-Additional Charge) of BEPZA Nafisa Banu and Managing Director of SPS Agrotech Ltd. Chitta Majumder signed the agreement on behalf of their respective sides today (30-06-2021) at BEPZA Complex, Dhaka. Among others, Secretary of BEPZA Md. Zakir Hossain Chowdhury, General Manager (Investment Promotion) Md. Tanvir Hossain and General Manager (Enterprise Services) Md. Khorshid Alam were present at the signing ceremony.