Chinese company to invest $6m in BEPZA EZ


Business Desk :
Chinese company Jibin Technology (BD) Company Limited is going to set up a shoe accessories manufacturing industry in BEPZA Economic Zone (EZ) with an investment of US$ 6 million.
Jibin Technology (BD) Company Limited signed an agreement on Monday with BEPZA to this effect at BEPZA Complex in the city, reports, BSS.
Ali Reza Mazid, Member (Investment Promotion) of BEPZA, and Wu Xueli, Managing Director of Jibin Technology (BD) Company Limited signed the agreement on behalf of their respective organizations.
BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony.
Jibin Technology (BD) will produce annually 6 million pairs of shoe accessories items like Outsole, Midsole, Injection Parts, Backstay, Heel Clip, Toe Cap, Sports Spike, EVA, PU Foam, PU Component etc.
Initially they will create employment opportunities for 195 Bangladeshi nationals.