http://www.newagebd.com/2010/apr/24/busi.html#10
Geebee to invest in Karnaphuli EPZ
Business Desk
Geebee (Bangladesh) Limited, an Indian company, will set up a garments manufacturing industry in the Karnaphuli Export Processing Zone.
The foreign-owned company will invest $9.513 million in setting up its unit and will produce shirt, T-shirt, blouse, jackets, trousers/shorts. The company will also create employment opportunity for 2,278 persons including 22 foreign nationals, said a news release.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and Geebee (Bangladesh) Limited at BEPZA Complex in Dhaka recently.
BEPZA member (investment promotion) Md Moyjuddin Ahmed, and Geebee (Bangladesh) Limited general manager Shankaranarayanan Guruswami signed the agreement on behalf of their respective sides.
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