The New Nation - Internet Edition

ECONOMIC REPORTER

M/s. Cosmos Shoes International Limited a Taiwan company will set up a Footwear Manufacturing Industry in the extension area CSD of Karnaphuli Export Processing Zone.

This 100% foreign owned company will invest about Taka 112 crore in setting up their plant and will produce to export annually 2,500,000 pairs Finished Footwear.

The company will also create employment opportunity for 3117 Bangladeshi including 17 foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones.

Authority and the M/s. Cosmos Shoes International Limited in BEPZA Complex, Dhaka Tuesday (12-06-2008). Prasanta Bhushan Barua, Member (Investment Promotion) of BEPZA and Chuang, Feng Jiunn (Jeff), Chairman of M/s. Cosmos Shoes International limited executed the agreement on behalf of their respective organisations.

Among others General Manager (Investment Promotion) S M Abdur Rashid, Manager (Industrial Relations) Md. Abdus Sobhan of BEPZA and Managing Director of the Company Chen, King Chuan were present at the signing ceremony.