Bangladesh Export Processing Zones Authority (BEPZA), the leading investment promotional agency of the country, has hit all-time high growth in its journey of 40 years. In the recently ended fiscal year 2021-22, the authority witnessed a significant rise in all indicators - export, investment and employment, said a press release Wednesday. Exports
Tag: Investment
Sino-Bangla joint venture co to invest US$ 15.63m in Ishwardi EPZ
Jinqiu Global Textile Bangladesh Ltd., a China-Bangladesh joint venture company is going to establish a garments accessories manufacturing industry in Ishwardi Export Processing Zone (IEPZ) with an investment of US$ 15.63 million, a press release said Thursday. An agreement to this effect signed between Bangladesh Export Processing Zones Authority (BEPZA) and
CEPZ to get $9.58m Chinese investment in RMG industry
Ms Intex Link Garments (BD) Limited is going to set up a Garments industry in Chattogram Export Processing Zone (CEPZ) with an investment of US$ 9.58 million. Fully foreign owned this Chinese company will produce annually 61 million pieces of T-shirt, woven pants and jacket, ladies bra and panty, mans' boxer
Huawei to invest US $300m for global partners
Huawei has launched Huawei Empower Program to support global partners on the second day of HUAWEI CONNECT 2022 Bangkok with this goal it will invest US$300 million in the next three years, a press release said Tuesday. This program will help Huawei's partners build three types of capabilities to better serve
Emirates invests over US $ 350m in in-flight entertainment systems
Emirates has selected the new Thales’ AVANT Up system for its incoming fleet of Airbus A350 aircraft, scheduled for delivery in 2024. The airline’s investment of over US$ 350 million will see its 50-strong fleet of A350s equipped with next-generation inflight entertainment solutions that offer a memorable cinematic and personalised passenger
Go beyond trade and invest in Bangladesh: Hasina urges Indian businesses
Prime Minister Sheikh Hasina on Wednesday said Bangladesh-India cooperation should go beyond trade to derive larger gains. "It should include investment, finance, services, technology transfer, and be placed within the context of regional cooperation," she said. The prime minister was addressing an business event, jointly organised by the Federation of Bangladesh Chambers
KEPZ to get $6m investment in RMG, bag manufacturing industry
Ms HZ Outdoor International Company Limited is going to set up a Garments and Bag manufacturing industry in Karnaphuli Export Processing Zone (KEPZ) with an investment of $ 6.03 million. An agreement to this effect was signed today between Bangladesh Export Processing Zones Authority (BEPZA) and HZ Outdoor International Company Limited
HSBC concludes acquisition finance in Bangladesh LPG sector
HSBC Bangladesh successfully supported inbound investment in the LPG sector in Bangladesh, facilitating SHV Energy to take over 100 percent of Petromax (LPG and Cylinder), a press release said Wednesday. The landmark agreement was initiated and signed between SHV Energy and Petromax on the 23 June 2022 and followed up by
Bangladesh Investment Roadshow held in Istanbul
Bangladesh Investment Development Authority (BIDA), Bangladesh Embassy in Türkiye and Bangladesh Consulate in Istanbul have jointly organized the Investment Roadshow on June 20, 2022 , a press release said Tuesday. SINGER Bangladesh Limited with its parent company Arcelik A. S. Turkey sponsored the event with the support of FBCCI. Arcelik
FSIBL holds investment distribution programme
First Security Islami Bank Ltd. (FSIBL) has organized a programme at Bangabandhu international conference center on SME, agriculture and women entrepreneur investment distribution and assistance under corporate social responsibility, a press release said Sunday. Cheques for SME, agriculture and women entrepreneurs’ investment of the bank and cheques for financial assistance