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Internet Edition. September 9, 2007, Updated: Bangladesh Time 12:00 AM |
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Pakistan to invest US$ 5.592 million at Adamjee EPZ Pakistani company in the name & style M/s. Nokon Limited is going to set up an Agro Handicrafts & Engineering Product Manufacturing Industry at the Adamjee Export Processing Zone. This 100 pc foreign owned company will invest US$ 5.592 million and will manufacture annually 10,980 metric tons of agro products, 9,150 metric tons of agro food products, 1,171 metric tons of handicrafts and 325 metric tons of engineering goods. The company will create employment opportunity for 402 Bangladeshi and 20 foreign nationals. An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and M/s. Nokon Limited in Dhaka on Thursday. Prasanta Bhushan Barua, Member (Investment Promotion) of BEPZA and Mohammad Shakir, Managing Director of Nokon Limited, executed the agreement in this regard on behalf of their respective organisations. Among others, Brig. General Ashraf Abdullah Yussuf, Executive Chairman, General Manager (Investment Promotion), AZM Azizur Rahim and Manager (Industrial Relations) Md. Abdus .Sobhan of BEPZA were present at the signing ceremony.
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