loader image for Bangladeshinfo


  • Euro 2024: Germany beat Hungary to reach last 16

  • Albania equalise in injury time in Croatia thriller

  • Ronaldo appears at record sixth European Championship

  • Portugal snatch win against Czech Republic

  • Guler stunner helps Turkey beat Georgia 3-1

BEPZA EZ gets $8.6m investment from S. Korea

BEPZA EZ gets $8.6m investment from S. Korea

South Korean company Dongwoo BD Limited is going to set up a shoe accessories manufacturing industry in BEPZA Economic Zone (EZ) with an investment of US$ 8.62 million. Bangladesh Export Processing Zones Authority (BEPZA) on Sunday (Aug 13) signed an agreement with the company to this effect at BEPZA Complex in the city, said a press release.

In presence of the Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman, Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Kim Dong Kyu, Chairman of Dongwoo BD Ltd. signed the agreement on behalf of their respective organizations.

This fully foreign owned company will create employment opportunities for 513 Bangladeshi nationals and will produce annually 3.6 million meters all kinds of PU Synthetic Leather.

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 the signing ceremony.