Apr 24, 2014, 6:51 am (BST)
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Neo Bangla invests $ 23.5 million in Adamjee EPZ
DHAKA, March 28 (BSS) - M/s Neo Bangla Limited, a South Korea-Bangladesh joint venture company, will set up an organic- photoreceptor drum manufacturing industry in Adamjee Export Processing Zone (EPZ).

They will invest about 23.5 million US dollar in this project. This will also create employment opportunity for 427 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and M/s Neo Bangla Limited in BEPZA complex here yesterday.

Sayed Nurul Islam, member, (Investment Promotion), of BEPZA and Mr. II Young Hu, chairman of M/s. Neo Bangla Limited signed the agreement on behalf of their respective organizations.

Major General A T M Shahidul Islam, ndu, psc, executive chairman, Mr. Md. Shawkat Nab, secretary, Mr. S M Akhter Alam Mostafi, general manager (public relations) and other officials of BEPZA were present at the signing ceremony.
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