Clicky
Business

Chinese company to invest $1mn in Chattogram EPZ


Published : 03 Jun 2020 09:33 PM | Updated : 07 Sep 2020 08:07 AM

Chinese Company Ms Unicorn Leather Goods Factory Limited will establish a leather and artificial leather products manufacturing industry in Chattogram Export Processing Zone (EPZ).

The fully foreign owned company will invest US$ 1.02 million which will create employment opportunity for 764 Bangladeshi nationals, as per a Bangladesh Export Processing Zones Authority (BEPZA) press release issued here on Wednesday.

Unicorn Leather Goods Factory will produce annually one million bag, belt, wallet and various leather items. To this end, BEPZA and Ms Unicorn Leather Goods Factory Limited inked an agreement at BEPZA Complex in the city.

Member (Engineering) of BEPZA Mohammad Faruque Alam and Managing Director of Ms Unicorn Leather Goods Factory Limited Kang Yanhong signed the deal on behalf of their respective organizations. 

Among others, BEPZA Secretary Md Nabirul Islam, General Manager (Public Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) of BEPZA Md Tanvir Hossain were present during the signing ceremony.