Chinese textile firm Asia Spinning and Textiles Ltd., would be investing US$ 22 million for the establishment of a new spinning and textile factory in the Ishwardi Export Processing Zone (EPZ) located at Pabna in Bangladesh.
Chinese textile firm Asia Spinning and Textiles Ltd., would be investing US$ 22 million for the establishment of a new spinning and textile factory in#
The Chinese firm has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) for setting up the plant at the EPZ.
Chinese textile firm Asia Spinning and Textiles Ltd., would be investing US$ 22 million for the establishment of a new spinning and textile factory in#
Sayed Nurul Islam, member (Investment Promotion) of BEPZA and Li Zhan Bin, managing director of Asia Spinning and Textile Mills Ltd., signed the agreement at the BEPZA complex in Dhaka.
Chinese textile firm Asia Spinning and Textiles Ltd., would be investing US$ 22 million for the establishment of a new spinning and textile factory in#
The textile plant would have an annual production capacity of 19,000 tons of yarn, and 6,000 yards of fabric, and would also create 1,450 employment opportunities in the EPZ.
Chinese textile firm Asia Spinning and Textiles Ltd., would be investing US$ 22 million for the establishment of a new spinning and textile factory in#
BEPZA is the official organ of the Bangladeshi Government to promote, attract and facilitate foreign investment in the EPZs of the country. The primary objective of an EPZ is to provide special areas where potential investors would find a congenial investment climate, free from cumbersome procedures.
Chinese textile firm Asia Spinning and Textiles Ltd., would be investing US$ 22 million for the establishment of a new spinning and textile factory in#
There are eight EPZs in Bangladesh, namely, Chittagong, Dhaka, Mongla, Ishwardi, Comilla, Uttara, Adamjee, and Karnaphuli.
Chinese textile firm Asia Spinning and Textiles Ltd., would be investing US$ 22 million for the establishment of a new spinning and textile factory in#
About 58 percent of units in these EPZs have 100 percent foreign ownership, 28 percent are 100 percent local ventures, and the remaining 14 percent are joint ventures.
Chinese textile firm Asia Spinning and Textiles Ltd., would be investing US$ 22 million for the establishment of a new spinning and textile factory in#
Fibre2fashion News Desk - India
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