The New Nation - Internet Edition

BUSINESS REPORT

M/s. Neo Printech BD limited a Korean company will set up a Paper Converting & Printing Industry in the Chittagong Export Processing Zone.

This 100% foreign owned company will invest about Tk 68 crore in setting up their plant and will produce annually 2.5 million dozens of Display Box, Shoe Box, Photo Inlay, Hangtag, Transfer Print & Shoe lace. The industry when in operation will also create employment opportunity for 362 Bangladeshi including 03 foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the M/s. Neo Printech BD limited in BEPZA Complex in the city on October 13. Prasanta Bhushan Barua, Member (Investment Promotion) of BEPZA and Kwon Suk IM, Chairman of M/s Neo Printech BD limited executed and exchanged the agreement on behalf of their respective organisations.

Officials of BEPZA and the company were present on the occasion.