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Indian Clothing Company to set knit unit at KEPZ
01
Jan '09
Recently, Messrs White House Clothing BD (Pvt) Limited, an Indian company and BEPZA inked a lease agreement on December 24 for setting up a knit garment manufacturing facility in the Karnaphuli Export Processing Zone (KEPZ).

Mr Ahsan Kabir, Manager (Investment Promotion), BEPZA, informed Fibre2fashion.com, “This is 100 percent foreign investment. Right now operation is likely to start in the rented factory building. We will install machineries here for the time being only. In the meanwhile, for setting up our own production unit, we have started construction at the chosen site and full-fledged production will start approximately after four to six months.”

Mr Ahsan Kabir further said that the lease agreement for the rented factory is for 2 year and total proposed investment for setting up the plant will be US $5.862 million.

During the accord signing ceremony, Md Farhad Uddin Member (Engineering) of BEPZA, Brig General Jamil Ahmed Khan, Executive Chairman of BEPZA and D Suresh Kumar, Head (Project) of Messrs White House Clothing BD (Pvt) Limited along with few other officials were present to represent their respective organization.

Fibre2fashion News Desk - India


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