Home / Knowledge / News / Apparel/Garments / Canada-Bangla JV to set up a knit garment facility at Adamjee EPZ
Canada-Bangla JV to set up a knit garment facility at Adamjee EPZ
25
Mar '08
Joint venture between Canada-Bangladesh in the name & style M/s. Rashid Composite Textile Limited is going to set up a Knit Composite Garments Manufacturing Industry in the Adamjee Export Processing Zone.

This jointly owned company will invest US$ 10.841 million and will manufacture annually 3 lakh 75 thousand dozens of Polo shirt, T-shirt, Knit Trouser & Children Wear from Knitted Dyed fabrics. The company will create employment opportunity for 511 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the M/s. Rashid Composite Textile Limited in Dhaka (02-09-2007).

Mr. Prasanta Bhushan Barua, Member (Investment Promotion) of BEPZA and Mr. Ali Bakhtiar Mahmud, Managing Director of Rashid Composite Textile Limited have signed the lease agreement on behalf of their respective organizations.

Among others Brig. General Ashraf Abdullah Yussuf, Executive Chairman, Member (Finance) Mr. A.K.M. Mahbubur Rahman, General Manager (Investment Promotion) Mr. A.Z.M. Azizur Rahman and Manager (Industrial Relations) Mr. Md. Abdus Sobhan of BEPZA were present at the signing ceremony.

Bangladesh Export Processing Zones Authority


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search