M/s. Golden Ocean Limited, a China-Bangladesh joint venture company will invest US$ 1.46 million to establish a Garments Accessories industry in Ishwardi Export Processing Zone (IEPZ).
The companywillproduceannually 65 million yards of Elastic, Ribbon, Shoelaces, Folder Elastic and Jacquard Elastic. However, Golden Ocean will create employment opportunity for 92 Bangladeshi nationals.
Anagreementtothiseffect signed between the Bangladesh Export Processing Zones Authority (BEPZA) and M/s Golden Ocean
LimitedatBEPZAComplex,Dhaka onMonday.Mr.ZillurRahmanndc, Member (Investment Promotion) of BEPZA and Amin Nargis, Director of M/s. Golden Ocean Limited signed the agreement on behalf oftheirrespective organizations.
Major General S M Salahuddin Islam, BP, SPP, ndc, psc, Executive Chairman, Mr. Mohammad Faruque Alam, Member (Engineering), Mrs. Nazma Binte Alamgir, General Manager(Public Relations),Mr.Md.TanvirHossain, General Manager (Investment Promotion) of BEPZA were also present at the signing ceremony.
