Nilorn Bangladesh Limited, BSEZ ink deal

Swedish company Nilorn's Bangladesh unit Nilorn Bangladesh Limited has signed a memorandum of understanding (MoU) with Bangladesh Special Economic Zone (BSEZ) to set up a factory in the economic zone.

The agreement was signed on Tuesday during the second day of the Bangladesh Investment Summit in Araihazar, Narayanganj.

Mohammad Abdul Quyum, managing director of Nilorn Bangladesh Limited and Taro Kawachi, Bangladesh Special Economic Zone managing director inked the agreement on behalf of their respective organizations.