• Wednesday, Jul 08, 2020
  • Last Update : 07:56 pm

Chinese company to invest $1.02m in Chittagong EPZ

  • Published at 04:39 pm June 3rd, 2020
Chinese company to invest $1.02m in Chittagong EPZ
Officials of Bangladesh Export Processing Zones Authority (Bepza) and Chinese company Ms Unicorn Leather Goods Factory Limited exchange agreement documents at Bepza Complex in the capital Courtesy

Unicorn Leather Goods Factory will produce one million bags, belts, wallets and various leather items annually

Chinese company Ms Unicorn Leather Goods Factory Limited will establish a leather and artificial leather products manufacturing industry in Chittagong Export Processing Zone (EPZ).

The foreign owned company will invest $1.02 million, which will create employment opportunity for 764 Bangladeshis, as per a Bangladesh Export Processing Zones Authority (Bepza) press release issued on Wednesday.

Unicorn Leather Goods Factory will produce one million bags, belts, wallets and various leather items annually.

Bepza and Ms Unicorn Leather Goods Factory Limited inked an agreement at Bepza Complex in the capital.

Member (Engineering) of Bepza Mohammad Faruque Alam and Managing Director of Ms Unicorn Leather Goods Factory Limited Kang Yanhong signed the deal on behalf of their respective organizations.

Among others, Bepza Secretary Md Nabirul Islam, General Manager (Public Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) of Bepza Md Tanvir Hossain were present during the signing ceremony.

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