The New Nation - Internet Edition

M/s. Pungkook Chittagong (Pvt.) Co., Limited, a Korean company will set up a Bags, Packs and. Luggage Manufacturing Industry in the Karnaphuli Export Processing Zone.

This 100% foreign owned company will invest initially about Taka 315 crore in setting up their plant and will produce annually 8 million pcs, all kind of Bag and Carrying Case. The company will also create employment opportunity for 2000 Bangladeshi including 04 foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the M/s. Pungkook Chittagong (Pvt.) Co., Limited in BEPZA Complex, Dhaka Prasanta Shushan Barua, Member (Investment Promotion) of BEPZA and Sang Hyup Lee, Managing Director of Mis Pungkook Chittagong (Pvt.) Co., Limited signed the agreement on behalf of their respective organisation.

Brig General Jamil Ahmed Khan, ndc, psc, Executive Chairman of BEPZA and other officials from respective organisations were present on the occasion.