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 South Korean Company to invest US$ 9.39 million in BEPZA EZ

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  • Update Time : বৃহস্পতিবার, আগস্ট ১০, ২০২৩,

Staff Reporter, Dhaka : South Korean company Giant BD Footwear Ltd. is going to invest US$ 9.39 million to set up a Shoe & Shoe Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ). Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company to this effect at BEPZA Complex, Dhaka today (10-08-2023).

Mr. Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Mr. Kim Byung Jin, Chairman of Giant BD Footwear Ltd. signed the agreement on behalf of their respective organizations. The Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the signing ceremony.

This fully foreign owned company will produce annually 20 million pairs of different kinds of shoes/sandals & shoe accessories where 600 Bangladeshi nationals will get employment opportunity.

Among others, Member (Engineering) Mohammad Faruque Alam, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md. Tanvir Hossain and Executive Director (Enterprise Services) Md. Khorshid Alam were present during this time.

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