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  Big Dipper Textile to invest US$ 91.15m in Ishwardi EPZ

M/s Big Dipper Textile Mills Ltd, a Canada-China owned enterprise,  has signed a agreement with Export Processing Zone (IEPZ) to establish a Textile industry in Ishwardi Export Processing Zone (IEPZ) with an investment of US$ 91.15 million, a press release said Monday.

Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Wong Jammy Kwok Chan, Chairman of Big Dipper Textile Mills Ltd signed the agreement on behalf of their respective organizations at BEPZA Complex on Monday in presence of Major General Abul Kalam Mohammad Ziaur Rahman, the Executive Chairman of BEPZA.

 This fully foreign owned company will produce annually 15,422 MT Yarn. 1209 Bangladeshi nationals will get employment opportunities in this factory.

Mentionable, there are 3 other industries operating their business in Ishwardi and Dhaka EPZ of this enterprise.

Among others, Member (Engineering) Mohammad Faruque Alam, member (finance) Nafisa Banu, executive director (administration) Md. Zakir Hossain Chowdhury, executive director (PR) Nazma Binte Alamgir, executive director (investment promotion) Md. Tanvir Hossain & executive director (enterprise services) Md. Khorshid Alam were also present.

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