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

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search