Bangladesh BaoRui Textile Co. Ltd., a Chinese company, is set to invest US$ 19.53 million in Mongla Export Processing Zone (Mongla EPZ) to establish a composite textile manufacturing industry. The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company on December 2 at the BEPZA Complex in Dhaka. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, BSP, ndc, psc, witnessed the signing ceremony, where Member (Investment Promotion) of BEPZA Mr. Md. Ashraful Kabir and Managing Director of Bangladesh BaoRui Textile Co. Ltd. Mr. Huang Hua signed the agreement on behalf of their respective organizations. The signing ceremony was attended by BEPZA officials, including Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam, Executive Director (Admin) A.S.M. Zamshed Khondaker, and Executive Director (Public Relations) A.S.M Anwar Parvez, as well as representatives of the enterprise.