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Royal Sewing to invest US$ 5.5m in IEPZ

M/s. Royal Sewing (BD) Ltd., a Bangladeshi company is going to establish a garments industry in Ishwardi Export Processing Zone (IEPZ) with an investment of US$ 5.5 million, a press release said Tuesday.

Executive chairman of Bangladesh Export Processing Zones Authority (BEPZA) Major General Abul Kalam Mohammad Ziaur Rahman, BEPZA & Royal Sewing signed an agreement to this effect at BEPZA Complex, in the city on Tuesday.

Member (investment promotion) of BEPZA Ali Reza Mazid and Chairman of Royal Sewing (BD) Kabir Ahmed inked the agreement on behalf of their respective organizations. 

Royal Sewing (BD) Ltd. will manufacture annually 2.7 million pcs of different type of RMG products, home textile, pillow, blanket, cushion etc. This company will create employment opportunity for 1070 Bangladeshi nationals.

Member (Engineering) Mohammad Faruque Alam, member (finance) Nafisa Banu, executive director (administration) Md. Zakir Hossain Chowdhury, executive director (investment promotion) Md. Tanvir Hossain and additional executive director (public relations) Anwar Parvez were also present.

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