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Turkish Company to invest $21.65 million in Adamjee Export Processing Zone

Posted by admin Published April 5, 2011

Turkish Company to invest $21.65 million in Adamjee Export Processing Zone

A Turkish company, Asia Holdings Bangladesh Ltd, plans to set up a garment manufacturing unit at Admajee Export Processing Zone with an investment of $21.65 million. An agreement was signed with the Bangladesh Export Processing Zone Authority (BEPZA) to this effect.

The garment units will be 100% foreign owned and is expected to generate 7,280 new jobs for Bangladeshi employees including 30 foreign nationals as well.

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