Hong Kong-Sri Lanka-Switzerland owned company Gava Private Limited is going to establish a garments manufacturing industry in Dhaka EPZ, a press release said Sunday.
This company will invest US$ 25.62 million where 3086 Bangladeshi nationals will get employment opportunities.
The tri-nation company will produce annually 4.4 million pcs of Jacket, Fleece Jacket, T-shirt, Polo shirt, sweater, trousers, coverall, stretch pant, Denim pant, shorts, shirt, Sweat-shirt, Hi-Vis shirt, and vest.
Mentionable, A-One BD, a knitting and other textile factory of DEPZ was shut down due to business downturn. BEPZA has decided to take steps for auction process considering the continuation of the investment flow and the employment of the workers.
Later, Gava Private Limited signed the agreement to purchase A-One BD Limited Company through auction process and to run their business.
Ali Reza Mazid, member (investment promotion) of BEPZA and Prasanna Kumar Jayasinghe, director of Gava Private Limited signed an agreement to this effect on behalf of their respective organizations Sunday at BEPZA complex, in the city. BEPZA executive chairman Major General Abul Kalam Mohammad Ziaur Rahman, witnessed the agreement signing ceremony.
Member (engineering) Mohammad Faruque Alam, member (finance) Nafisa Banu, executive director (administration), Md. Zakir Hossain Chowdhury, executive director (public relations), Nazma Binte Alamgir, executive director (investment promotion), Md. Tanvir Hossain and executive director, (enterprise wservices), Md. Khorshid Alam were also present.
