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.