The New Nation - Internet Edition

BUSINESS REPORT

The Local Enterprise Investment Centre (LEIC) has signed a contribution agreement with Inani Leather & Footwear to undertake a six-month long training programme.

Seven hundred rural unskilled people, in Bhairab and Comilla, will participate in the programme and be trained to make export-quality leather shoe-uppers. This will allow Inani to make 4,000 pairs of shoe-uppers per day, and work as an outsourcing partner for Apex-Adelchi Footwear Limited, the leading footwear manufacturer of Bangladesh.

LEIC, a private sector development project funded by the Canadian International Development Agency (CIDA) and managed by IDLC Finance Limited, is working with a special focus to facilitate inter-company long-term alliances.

Anis A. Khan, CEO and Managing Director of IDLC, and Zayedul Hossain Bhuyain, CEO and Managing Partner of Inani, signed the agreement on behalf of their respective organisations.

Syed Manzur Elahi, Chairman of Apex-Adelchi, was present at the signing ceremony as special guest. Md. Awal Hossain, Chairman of Inani, and Yongbok Jo, Deputy Managing Director of IDLC, were also present at the event.