Golden Ocean Limited, a China-Bangladesh joint venture company, will invest $1.46 million to establish a garment accessories industry in Ishwardi Export Processing Zone.
In this regard, Bangladesh Export Processing Zones Authority (BEPZA) and M/s Golden Ocean Limited signed an agreement at BEPZA complex.
Member (Investment Promotion) of BEPZA Zillur Rahman and Director of M/s Golden Ocean Limited Amin Nargis signed the agreement on behalf of their respective organisations.
The company will produce annually 65 million yards of elastic, ribbon, shoelaces, folder elastic and jacquard elastic. M/s Golden Ocean will create employment opportunity for 92 Bangladeshi nationals.