The United Nations recently released the 2024 Nationally Determined Contributions synthesis report, just weeks before presidents, global leaders, climate scientists and activists convene in Azerbaijan for the 2024 United Nations Climate Change Conference. The report reveals that current national climate plans are not sufficient. This is particularly alarming considering how many
Tag: Invest
Chinese company to invest in Mongla EPZ
M/s. Xingchen Textile Co. Ltd., a Chinese company, is set to invest US$ 35.03 million to establish a textile industry in the Mongla Export Processing Zone (Mongla EPZ). The company will produce 20,000 metric tons of yarn and 12,000 metric tons of woven fabrics annually by recycling garment wastage, commonly
Invest in research to protect crops from future flooding
Tropical Storm Debby has resulted in record-setting rain and flooding events across several States, including Florida, South Carolina, North Carolina and parts of Georgia and left a trail of damage including leaving Florida crops flooded. Record-breaking rain, flooding events, and other weather impacts people and our ability to grow crops successfully,
Sino-Malaysian Co. to invest $14.55m in BEPZA EZ
Vernon and Oliver Furniture Company Limited, a China-Malaysia owned company will produce Mattress by investing US$ 14.55 million in the largest venture of BEPZA. Mattress, is the new addition, to be produced in BEPZA Economic Zone. An agreement to this effect was signed Sunday between Bangladesh Export Processing Zones Authority (BEPZA)
Bangladeshi Company to invest $6.23m in Mongla EPZ
Bangladeshi company M/s. CIP Limited is going to set up a bag & luggage manufacturing industry at Mongla EPZ with an investment of US$ 6.23 million. The company today signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to this effect at BEPZA Complex in the city in this regard,
Total Energies to invest USD 300m
Adani Green Energy Limited (AGEL) and TotalEnergies have entered into a binding agreement to create a new JV, equally owned by TotalEnergies and AGEL, with a 1,050 MW portfolio. This portfolio will comprise a mix of already operational (300 MW), under construction (500 MW) & under development assets (250 MW)
UK to invest £54.5m for girls education in Bangladesh
British High Commissioner to Bangladesh Sarah Cooke has said they are investing up to £54.5 million in the country over eight years to improve education outcomes for children, with a particular focus on girls. "I wholly believe that sport is integral to a child's education, and today we are proud to
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 &
RMG giant Pacific to invest big in CEPZ, creating 5000 jobs
Bangladeshi company Pacific Attires Limited (PAL) is going to set up a high-end garments manufacturing industry in Chattogram Export Processing Zone (CEPZ). PAL,a sister concern of Pacific Jeans Group,will invest USD $ 31.75 million and 4994 Bangladeshi nationals will get employment opportunities. It will produce 18.72 million pieces of men's/women's formal suits,
Gava Private to invest US$ 25.62m in Dhaka EPZ
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,