The New Nation - Internet Edition

BUSINESS REPORT

M/s North Pole BD Limited (Unit-2), a Korean company will set up a camping tent, sleeping bag, camping furniture and accessories manufacturing industry in the Chittagong Export Processing Zone.

This 100 per cent foreign-owned company will invest initially about Tk 105 crore in setting up its plant and will produce camping tent, sleeping bag, camping chair.

The company will also create employment opportunity for 2535 Bangladeshi and two foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and M/s North Pole BD Limited (Unit-2) at BEPZA Complex in the city on July 1.

Prasanta Bhushan Barua, Member (Investment Promotion) of BEPZA and Steven David Fleischil, CEO of M/s North Pole BD Limited (Unit-2) signed the agreement on behalf of their respective organisations.

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