The New Nation - Internet Edition

BUSINESS REPORT

Sri Lankan company, M/s Screenline Embellisheres (Bangladesh) Limited is going to set up an embellishment manufacturing industry in the Dhaka Export Processing Zone.

This 100 per cent foreign-owned company will invest US$2 million (about Tk 13 crore 80 lakh) and will produce different type of embellishment products.

The company will create employment opportunity for 218 Bangladeshi and 12 foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the M/s Screenline Embellisheres (Bangladesh) Limited in BEPZA Complex, Dhaka recently.

Member (Investment Promotion) of BEPZA and Chairman of M/s Screenline Embellisheres (Bangladesh) Limited signed the lease agreement on behalf of their respective organisations.