Bangla-Kuwait JV to set up RMG unit in Adamjee EPZ
06 Sep '10
1 min read
Suad Garments Industries Limited, a Bangladesh-Kuwait joint venture company, is set to invest US $9.412 million for establishing a readymade garments producing unit at Adamjee Export Processing Zone (EPZ).
Bangladesh Export Processing Zones Authority (BEPZA) and M/s Suad Garments Industries Limited recently inked an agreement to this effect at BEPZA Complex in the city. This project is projected to generate job opportunities for 2,031 people.
BEPZA Member (Engineering) Jnan Ranjan Sil signed the pact on behalf of BEPZA, while Tarik Al Nakib, Chairman, M/s Suad Garments Industries Limited did the same on behalf of his organization.