The New Nation - Internet Edition

nation BUSINESS REPORT

Messrs Bensim Limited, a Turkish company will set up a socks manufacturing industry in the Ishwardi Export Processing Zone.

This 100 percent foreign owned company will invest 5.7 million US dollar in setting up its unit and will produce to export annually 8.5 million pair of socks.

The company will also create employment opportunity for 1,250 Bangladeshi and 20 foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and Messrs Bensim Limited in BEPZA Complex, Dhaka on November 16. Md Farhad Uddin, Member (Investment Promotion) of BEPZA and Islam Abdulkadir Kahraman, Chairman of Messrs Bensim Limited signed the agreement on behalf of their respective organization.

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