The New Nation - Internet Edition

BUSINESS REPORT

M/s Votary Accessories Limited, a Bangladeshi company will set up a garment accessories manufacturing industry in the Karnaphuli Export Processing Zone.

This 100 per cent local owned company will invest about Taka 30 crore in setting up their plant and will produce to export annually 9,000 metric tonnes of garments accessories. The company will also create employment opportunity for 114 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the M/s Votary Accessories Limited in BEPZA Complex, Dhaka on July 29.

Prasanta Bhushan Barua, Member (Investment Promotion) of BEPZA and SM Al Mamun, Managing Director of M/s Votary Accessories Limited signed the agreement on behalf of their respective organisations. Other officials from respective sides were present on the occasion.