Chinese company YiXin Bangladesh Co. Ltd is going to set up a Shoe Accessories manufacturing industry in Bangladesh Export Processing Zones Authority Economic Zone (BEPZA EZ). They will invest $ 7.45 million to produce 10 million pairs of footwear materials annually. By doing this it will create employment opportunity for 1509 Bangladeshi nationals.
In presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, BSP, ndc, psc, an agreement to this effect signed between BEPZA and YiXin Bangladesh Co. Ltd at BEPZA Complex, Dhaka yesterday. Member (Investment Promotion) of BEPZA Mr Md Ashraful Kabir and Managing Director of YiXin Bangladesh Mr Jian, Zaiyi signed the agreement on behalf of their respective organizations.
BEPZA Executive Chairman thanked YiXin Bangladesh Co. Ltd for investing in Bangladesh specially in BEPZA EZ. He urged the investors to start the construction of the factory as soon as possible.
Member (Engineering) Mohammad Faruque Alam, Member (Finance) A N M Foyzul Haque, Executive Director (Admin) A.S.M Zamshed Khondaker, Executive Director (Investment Promotion) Md Tanvir Hossain, Project Director of BEPZA EZ Mohammad Anamul Haque and Executive Director (Public Relations) A.S.M Anwar Parvez along with representatives of the enterprise were present during the signing ceremony.
Mentionable, a total of 32 companies, including YiXin Bangladesh signed agreements to invest in the BEPZA EZ with a total proposed investment of $718.46 million.
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