Monday, November 22, 2010

Local company to Invest $ 7.9m in Adamjee EPZ

http://www.theindependent-bd.com/details.php?nid=154263

Local company to Invest $ 7.9m in Adamjee EPZ
ECONOMIC REPORTER

Bangladeshi company Mis. Mikhail Plastopak Limited will set up a Rubber, Plastic, Papaer Products and Garments Accessories Manufacturing Industry in Adamjee Export Processing Zone.

This100 per cent local owned company will invest $ 7.893 million in setting up their unit and will produce Rubber, Plastic, Paper Products and Garments accessories Items. The company will also create employment opportunity for 596 Bangladeshi, says a press release.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the Mis. Mikhail Plastopak Limited in BEPZA Complex, Dhaka recently. Md. Moyjuddin Ahmed, member (Investment Promotion) of BEPZA and Md. Fahad Muneem Rahmatullah, managing director of Mis. Mikhail Plastopak Limited signed the agreement on behalf of their respective organisations.

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