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Adamjee EPZ gets investment worth US$1.02m

India-Germany owned joint venture company M/s. Helsa Icon Bangladesh Limited is going to set up a garments accessories manufacturing industry in Adamjee EPZ with an investment of US$ 1.02 million, a press release said Sunday.

Bangladesh Export Processing Zones Authority (BEPZA) and M/s. Helsa Icon Bangladesh Limited signed an agreement to this effect at BEPZA Complex, Dhaka on November 15.

Member of BEPZA Mr. Ali Reza Mazid and Managing Director of Helsa Icon Bangladesh Limited Ms. Aartee Patil signed the agreement on behalf of their respective organizations. Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony.

This foreign owned company will annually produce 10 million pairs of shoulder pads and 0.75 million pairs of sleeve heads. The company will create job opportunities for 126 Bangladeshi nationals.

Among others, Executive Directors A. N. M. Foyzul Haque, Md. Tanvir Hossain, and Md. KhorshidAlam were present during the signing ceremony.

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