UK company will invest Dhaka EPZ

An UK-based company will set up a high fashion garment manufacturing industry in the Dhaka Export Processing Zone. The company, Talisman Limited, will invest $5 million for setting up their unit to produce garment items. It will also create employment opportunity for 1,800 Bangladeshi nationals. An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the Talisman Ltd in BEPZA Complex in Dhaka on Sunday. BEPZA member (investment promotion) Moyjuddin Ahmed and chairman and managing director of the company MA Matin signed the agreement on behalf of their respective sides.