BSS
  19 Nov 2023, 20:31

Adamjee EPZ gets $1.02m investment

DHAKA, Nov 19, 2023 (BSS) - India-Germany owned joint venture company M/s.
Helsa Icon Bangladesh Limited is going to set up a garments accessories
manufacturing industry in Adamjee EPZ with an investment of US$ 1.02 million.

Bangladesh Export Processing Zones Authority (BEPZA) and M/s. Helsa Icon
Bangladesh Limited today signed an agreement to this effect at BEPZA Complex
in the city, said a press release.

Member (Investment Promotion) of BEPZA Ali Reza Mazid and Managing Director
of Helsa Icon Bangladesh Limited Aartee Patil signed the agreement on behalf
of their respective organizations.

Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman,
ndc, psc witnessed the signing ceremony.

This foreign owned company will produce annually 10 million pairs of shoulder
pads and 0.75 million pairs of sleeve heads.

The company will create job opportunity for 126 Bangladeshi nationals.

Among others, Executive Director (Administration) A N M Foyzul Haque,
Executive Director (Investment Promotion) Md. Tanvir Hossain and Executive
Director (Enterprise Services) Md. Khorshid Alam were present during the
signing ceremony.