Chinese Company to invest $4mn in Cumilla EPZ

Chinese company Tianhui Button (BD) Company Limited will establish a garment accessories manufacturing industry in Cumilla Export Processing Zone (Cumilla EPZ).

They will invest $4 million to produce annually 700 million pcs of different kind of buttons like plastic button, resin button, ABS button, metal button and PU leather accessories. This foreign company will create job opportunity for 139 Bangladeshi nationals, a press release said on Thursday.

In presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, an agreement to this effect signed between Bangladesh Export Processing Zones Authority (BEPZA) and Tianhui Button (BD) Company Limited at BEPZA Complex in the city today.

Member (Investment Promotion) of BEPZA Md. Ashraful Kabir and Chairman of Tianhui Button (BD) Weirong Ni signed the agreement on behalf of their respective organizations.

Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) A N M Foyzul Haque, Executive Director (Admin) A.S.M. Zamshed Khondaker, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam, Executive Director Moshiuddin Bin Mesbah and Executive Director (Public Relations) A.S.M Anwar Parvez along with representatives of the enterprise were present during the signing ceremony.