Internet Edition. February 24, 2008, Updated: Bangladesh Time 12:00 AM 
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New investment worth $30m in Dhaka EPZ



Chinese (Hong Kong) company in the name & style M/s. Queen South Textile Mills limited is going to set up a Textile Industry in the Dhaka Export Processing Zone.

The 100% foreign owned company will invest US$ 30 million and will produce exported oriented textile products. The company will also create employment opportunity for 1000 Bangladeshi nationals.

An agreement to this regard was signed between the Bangladesh Export Processing Zones Authority and M/s. Queen South Textile Mills limited in BEPZA Complex, Dhaka recently. A.Z.M. Azizur Rahman, General Manager (Investment Promotion) of BEPZA and Jamie Wong, Chief Executive Officer I M.D. of M/s. Queen South Textile Mills limited have signed the lease agreements on behalf of their respective organizations.

The Executive Chairman of BEPZA and other officials were present on this occasion.

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