Friday, September 17, 2021

South Korean JD Creation Investing $ 4.15 million in Mongla EPZ, Bangladesh

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Korean company JD Creation Ltd will invest $ 4.15 million in the Mongla Export Processing Zone (EPZ) in Bangladesh to set up a factory to manufacture camping equipment, garments, tents and garment accessories. The fully owned company produces 4.85 million textile clothing items each year, including camping equipment such as sleeping bags, backpacks and hats.

Mohammad Faruque Alam, a member of the Bangladesh Export Processing Zone Authority (BEPZA) Engineering and Investment Promotion (additional charge), and Seung Chul Kim, Managing Director of JD Creation, recently signed an agreement in Dhaka on this point.

BEPZA said in a statement that the project would create about 2,000 jobs.

Korean company JD Creation Ltd will invest $ 4.15 million in the Mongla Export Processing Zone in Bangladesh to set up a factory to manufacture camping equipment, garments, tents and garment accessories. The fully owned company produces 4.85 million textile clothing items each year, including camping equipment such as sleeping bags, backpacks and hats.

This project is JD Creation’s second domestic venture, which has operated a production unit for electronic and electrical products called U-jin Led Co (BD) in the Chittagong Export Processing Zone since 1989.

Fiber2Fashion News Desk (DS)

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South Korean JD Creation Investing $ 4.15 million in Mongla EPZ, Bangladesh

Source link South Korean JD Creation Investing $ 4.15 million in Mongla EPZ, Bangladesh

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