Internet Edition. July 17, 2008, Updated: Bangladesh Time 12:00 AM 
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Korean co to invest $12.5m in KEPZ



BUSINESS REPORT



Messrs Bohemian Travel Gear Limited, a Korean company will set up a camping furniture, travel bag and accessories manufacturing industry in the Karnaphuli Export Processing Zone (KEPZ).

This 100 per cent foreign owned company will invest about Taka 87 crore in setting up their plant and will produce to export annually 30 million pieces of products. The company will also create employment opportunity for 785 Bangladeshi and 5 foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the Messrs Bohemian Travel Gear in BEPZA Complex, Dhaka on July 14.

Prasanta Bhushan Barua, Member (Investment Promotion) of BEPZA and Jin Ho Bae, Managing Director of Messrs Bohemian Travel Gear limited signed the agreement on behalf of their respective organisations.

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