The New Nation - Internet Edition

Business Desk

M/s. Section Seven Ltd is about to expand its project in Chittagong Export Processing Zone. The 100 pc local owned company will diversify their production capacity with additional investment of $ 7.4 million, including the present one, to raise the total investment will rise to $ 9.3 million. This company will also create new job opportunities for 2364 Bangladeshi, including nine foreign nationals. Already 959 Bangladeshi are already employed there.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and M/s. Section Seven Ltd. in BEPZA Complex, Dhaka on December 19. General Manager (Investment Promotion) A.Z.M Azizur Rahman of BEPZA and S.M Khan, Managing Director of M/S. Section Seven Ltd. signed the lease agreement on behalf of their respective organizations.

Among others, Member (Engineering) Md. Farhad Uddin, Secretary M. Kamal and other officers were present in the signing ceremony.