South Korean company PH Creative (BD) Ltd has signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish a Camping items, Garments, Tent & Garments Accessories manufacturing industry in Mongla EPZ with an investment of US$ 4.15 million.
BEPZA Member (Investment Promotion) Md Mahmudul Hossain Khan and PH Creative (BD) Chairman Jin Ho Bae signed the agreement Tuesday at BEPZA Complex, Dhaka on behalf of their respective organizations, said a press release.
The Executive Chairman of BEPZA Major General Md Nazrul Islam witnessed the signing ceremony.
The Korean company will produce annually 5 million pieces of Camping items like steel, aluminium & iron frame, tent, trolley bag, hand bag, sleeping bag, camping chair etc, shirt, jacket and Garment Accessories like PVC weir cover, PVC cap, Chair Patch, Hanger, J-hook, Cord Lock, SR Buckle, DB Buckle, Hammer, Peg, Carry Bag Board etc. They will create employment opportunity for 990 Bangladeshi nationals.
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Secretary Md. Zakir Hossain Chowdhury, General Manager (Public Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) Md. Tanvir Hossain of BEPZA were present at the signing ceremony.