Adamjee Export Processing Zone to Receive $12.2 Million from Chinese Firm
DailyStar || Shining BD
Cherry Button Limited, a Chinese company, plans to invest $12.2 million to build a factory that produces clothing accessories at the Adamjee Export Processing Zone located in Narayanganj.
In order to achieve this, a press release states that Cherry Button and the Bangladesh Export Processing Zones Authority (Bepza) signed an agreement yesterday at the Bepza Complex in Dhaka.
The company will produce 1,650 million pieces of metal buttons, plastic buttons, metal zippers, vislon zippers, nylon coil zippers, and other accessories like eyelets, rivets, stoppers, badges, buckles, and suspender buckles annually.
The investment will create jobs for 1,068 Bangladeshi nationals.
Ali Reza Mazid, investment promotion member of Bepza, and MA Miaoyan (Jasika), chairman of Cherry Button, signed the agreement, the press release added.
Shining BD
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