The New Nation - Internet Edition

M/s Satexco Limited, a Belgium company is going to set up a security clothing industry in the Dhaka Export Processing Zone.

This100 per cent foreign-owned company will invest US$2 million and will produce security clothing.

The company will create employment opportunity for 250 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the M/s. Satexco Limited in BEPZA Complex, Dhaka on April 1. General Manager (Investment Promotion) of BEPZA and Country Director of M/s. Satexco Limited signed the lease agreement on behalf of their respective organizations.

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