South Korean company M/s. JD Creation Limited has signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish a camping items, garments, tent and garments accessories manufacturing industry in Mongla EPZ with an investment of US$ 4.15 million.
Member (Engineering & Investment Promotion-additional charge) of BEPZA Mohammad Faruque Alam and Managing Director of JD Creation Limited Mr. Seung Chul Kim signed the agreement on September 13, 2021 at BEPZA Complex, Dhaka on behalf of their respective organizations, a press release said.
Major General Md Nazrul Islam, Executive Chairman of BEPZA witnessed the signing ceremony.
The fully foreign owned company will produce annually 4.85 million pcs of Camping items like tent, sleeping bags, bag, camping chair, hat and cap, Woven Garments like shirt, jacket and 2.02 million Yds of printing, embroidery, string and elastic band.
They will create employment opportunity for 1990 Bangladeshi nationals. U-jin Led Co. (BD) Ltd. is going to set up this company as their second venture in Mongla EPZ being pleased with the services and overall investment climate of BEPZA.
Among others, Member (Finance) Nafisa Banu, Secretary Md. Zakir Hossain Chowdhury, General Manager (Public Relations) Nazma Binte Alamgir, General Manager (Investment Promotion) Md. Tanvir Hossain and General Manager (Enterprise Services) Md. Khorshid Alam of BEPZA were present at the signing ceremony.
