Chinese company Anthente Bulk Bag Ltd will invest US$ 10 million in BEPZA Economic Zone (BEPZA EZ) to set up a container bag producing industry.
In this regard, the Bangladesh Export Processing Zones Authority (BEPZA) inked a deal with the company recently at the BEPZA Complex in the city, said a press release.
BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, attended the signing ceremony.
Member (Investment Promotion) of BEPZA Md Ashraful Kabir and Managing Director of Anthente Bulk Bag Ltd. Ma Xiaoming signed the agreement on behalf of their respective organizations.
The Chinese company plans to produce 2.8 million pcs of Flexible Intermediate Bulk Containers (FIBC) bag, bulk bag, woven and non-woven bag annually, creating employment opportunities for 1150 Bangladeshi nationals.
BEPZA Executive Chairman thanked Anthente Bulk Bag Ltd. for choosing BEPZA EZ as their investment destination.
He highlighted BEPZA’s commitment to providing a secure and supportive environment for investors.
The manufacturing plant will produce medium and high-grade container bags and export to international markets, including the United States, Japan, Australia, and South America.
The signing ceremony was attended by senior BEPZA officials, including Member (Engineering) Md. Imtiaz Hossain, Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Admin) Md. Tazim-Ur-Rahman, Executive Director (Public Relations) A.S.M Anwar Parvez and representatives of Anthente Bulk Bag Ltd.
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