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Chinese Co. to invest US$ 9.5 million in Mongla EPZ

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  • Update Time : মঙ্গলবার, জুন ২০, ২০২৩,

Staff Reporter, Dhaka : Chinese company M/s. Yuanshun Enterprise Co. Limited is going to set up a packaging industry in Mongla Export Processing Zone (Mongla EPZ). They will invest US$ 9.49 million where 490 Bangladeshi nationals will get employment opportunities.

This 100% foreign owned company will produce annually 10 million pcs of different kind of boxes for packaging like Paper boxes, Jewelry boxes, Jewelry bag, Watch boxes, Gift boxes including cartoons.

BEPZA and M/s. Yuanshun Enterprise signed an agreement to this effect at BEPZA Complex, Dhaka Recently (15 June 2023). Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Mr. Lin Yuan, Managing Director of Yuanshun Enterprise Co. Limited signed the agreement on behalf of their respective organizations. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the agreement signing ceremony.

Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam were present in the signing ceremony.

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