Oasis Accessories (Pvt) Ltd, a Bangladeshi company, is set to invest $4.8 million to establish a garment accessories industry in the BEPZA Economic Zone located in Mirsharai, Chattogram.
According to a press release, an agreement to this effect was signed on Monday at the BEPZA Complex in the capital, between the Bangladesh Export Processing Zones Authority and Oasis Accessories (Pvt) Ltd.
The company would annually produce 1 million pieces of cartoon box, 42 million of poly bags, and 1 million metres foam.
The project is expected to create employment for 311 Bangladeshi nationals.
Md Ashraful Kabir, member (investment promotion) of the BEPZA, and Md Selim Reza, managing director of Oasis Accessories (Pvt) Ltd signed the agreement in the presence of BEPZA executive chairman Major General Abul Kalam Mohammad Ziaur Rahman.
So far, 48 companies,聽including Oasis Accessories, have signed investment agreements with BEPZA EZ, with a total proposed investment of over $1 billion.
The signing ceremony was attended by BEPZA officials, including member (engineering) Md Imtiaz Hossain, member (finance) ANM Foyzul Haque, executive director (investment promotion) Md Tanvir Hossain, project director of BEPZA EZ Mohammad Anamul Haque, executive director (public relations) ASM Anwar Parvez, along with representatives from Oasis Accessories (Pvt.) Ltd.
