The New Nation - Internet Edition

Business Desk

M/s. Dong Bang Facilities (BO) Ltd. has decided to expand its project in Dhaka Export Processing Zone.

The 100 pc foreign owned company will enhance its production space with additional investment of $ 7.5 million, including this, to raise the investment to $ 9.143 million. This company will also create new job opportunities for 764 Bangladeshis including 04 foreign nationals. Already 123 Bangladeshis are already working there.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and M/s. Dong Bang Facilities (BO) Ltd. in BEPZA Complex, Dhak on 18-12-07. General Manager, (Investment Promotion), A.Z.M Azizur Rahman of BEPZA, and Ko Jae Hyeng, Managing Director of M/S. Dong Bang Facilities (BO) Ltd. signed the lease agreement on behalf of their _organizations.

Among others, Executive Chairman of BEPZA, Brig. General Ashraf Abdullah Yussuf, Member (Engineering) Md. Farhad Uddin, Secretary B.M. Kamal and other officers were also present in the signing ceremony.