The New Nation - Internet Edition

A Indian company in the name & style M/s. Geebee Garments Industries Limited is going for expansion of the Garment Industry at Dhaka Export Processing Zone.

The 100 pc foreign owned company will enhance their production capacity with additional investment of US$ 5 million, including this, the total investment will stand at US$ 6 million. At present 352 Bangladeshis are engaged in this factory. This company will also create new job opportunity for additional 500 Bangladeshis with implementation of their expansion programme.

An agreement in this regard was signed between the Bangladesh Export Processing Zones Authority and the M/s. Geebee Garments Industries Ltd. in BEPZA Complex, Dhaka Thursday. A.Z.M Azizur Rahman, General, Manager (Investment Promotion) of BEPZA and Guruswami Shankarnarayanan, General Manager of M/s. Geebee Garments Industries Ltd. have signed the lease agreement on behalf of their respective organisations.

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