Deltaport Limited to invest $36mn in BEPZA EZ

British-Irish Company Deltaport Limited is going to invest $36 million to set up a garment manufacturing industry in the BEPZA Economic Zone (BEPZA EZ).

Bangladesh Export Processing Zones Authority (BEPZA) today signed an agreement with the company to this effect at BEPZA Complex in the city, reports BSS.

In presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, Member (Investment Promotion) Md. Ashraful Kabir, on behalf of BEPZA, and Junaid Iqbal Umerani, on behalf of Deltaport Limited, signed the agreement.

This foreign company will produce annually 20 million pieces of protective clothes, work-wear, different types of other garments products, PPE, Hospital Gown, Mask, Bed Sheet, Curtains etc, where 5,980 Bangladeshi nationals will get employment opportunity.

BEPZA Executive Chairman thanked Deltaport Limited to invest in Bangladesh specially in BEPZA EZ.

He urged the investors to start the construction of the factory as soon as possible.

Mentionable, Deltaport Limited is a sister concern of Eastport Limited, a garment manufacturing company of Cumilla EPZ has been running business since 2013.

Member (Engineering) Mohammad Faruque Alam and Member (Finance) A N M Foyzul Haque were present during the signing ceremony.