South Korean company HKD Bangladesh Limited is going to establish tent, tent accessories, camping furniture and camping equipment manufacturing industry in BEPZA Economic Zone, a press release said Friday.
Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Mr. Chul Hee Kim, Chief Operating Officer (COO) of HKD Bangladesh Limited signed an agreement to this effect on behalf of their respective organizations on 26 May 2022 at BEPZA Complex, Dhaka. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the agreement signing ceremony.
The company will create employment opportunities for around 6,650 Bangladeshi nationals.
The company will produce annually 18.8 million pcs of tents, backpacks, bags, steel poles, fiber glass poles, travelers’ bag, gazebos, screen house, cots, pet carrier, camping furniture, chair, tables, float tube bag, wagon, tarp, trolley, purse, steel ware, walking stick, steel accessories, steel ferrule, steel peg, O-ring, D-ring, steel trips, revert, screw, washer, steel bracket, nut with washer, tent accessory, cotton blinder, wallet/purse, bag accessory and sleeping bag.
HKD is a fully foreign owned company, which started its operation in 1990 in Chattogram EPZ. HKD Bangladesh Limited would be the 5th venture of HKD group with BEPZA. The group has 4 operational enterprises in Chattogram and Karnaphuli EPZ who invested about US$ 100 million for producing tent, camping equipments and readymade garments. Around 10,000 Bangladeshi national are working in those factories.
