South Korean company M/s PH Creative (BD) Ltd. has signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish a Camping items, Garments, Tent & Garments Accessories manufacturing industry in Mongla EPZ with an investment of US$ 4.15 million, said a press release. Member (Investment Promotion) of BEPZA Md.
Tag: Investment
BEPZA signs US$ 12 million investment agreement
Bangladesh Export Processing Zones Authority (BEPZA) signed a lease agreement with two fully foreign-owned companies on Sunday, said a press release. The companies will invest US$ 12 million to establish factories in Chattogram & Mongla EPZ. Including these two, BEPZA signed investment agreement with 12 companies with total proposed investment of
Malaysia keen to invest in Bangladesh
Public and private sector leaders of Bangladesh and Malaysia at a virtual event discussed the special relationship between the two nations, and the opportunities to leverage the socio-economic complementary that exist. A press release said, the event, titled “Showcase Bangladesh 2021: Bangladesh-Malaysia Investment Summit”, is a platform jointly organised by Standard
Banks sit on excess liquidity worth Tk 250,000 crore
Experts blame Covid-19 for poor investment The country’s commercial banks are holding together a total of Tk 250,000 crore in excess liquidity until end of March this year amid a prolonged Covid-19 pandemic, sources at the Bangladesh Bank said. BB officials said since the pandemic hit Bangladesh last March, trade and commerce
Dhaka for promoting intra-trade, investment in innovation among D-8 members
Foreign Minister Dr AK Abdul Momen on Monday said D-8 Member States should leverage the commonalities and aim to promote intra-trade, investment in innovation, minimise tariff and non-tariff barriers. "We need common investment policies, guidelines, and strategies including diaspora investment opportunities; and work for minimising tariff and non-tariff barriers," he said
Bangladesh to sign trade and investment deal with Australia
Bangladesh is progressing well in signing of a Trade and Investment Framework Agreement (TIFA) with Australia to further boost trade and investment between the two countries. A TIFA is going to be signed with Australia and that a TICFA (Trade and Investment Cooperation Forum Agreement) was already signed with the USA,
Sweden interested to invest in energy sector: Swedish Minister
Swedish Minister for International Development Cooperation Per Olsson Fridh on Monday said Sweden is interested to invest in Bangladesh’s energy sector, particularly clean energy production. The visiting Swedish Minister said this when he met Prime Minister Sheikh Hasina at her official residence Ganobhaban. “Olsson Fridh said Sweden is already doing business with