BEPZA secures $15m investment to establish tent & camping factory at BEPZA EZ
An agreement to this effect was signed today at the BEPZA Complex, Dhaka, between the Bangladesh Export Processing Zones Authority (BEPZA) and Sunshine Outdoor (BD) Co, Ltd, said a press release.
Sunshine Outdoor (BD) Co, Ltd, a British Virgin Island and China (Hong Kong)-based company, is set to invest US$ 15 million to establish a tent & camping manufacturing industry at the BEPZA Economic Zone (BEPZA EZ) in Mirsharai, Chattogram.
An agreement to this effect was signed today at the BEPZA Complex, Dhaka, between the Bangladesh Export Processing Zones Authority (BEPZA) and Sunshine Outdoor (BD) Co, Ltd, said a press release.
The lease agreement was signed by Md Tanvir Hossain, Executive Director (Investment Promotion) of BEPZA, and Liang Difa, Chairman of Sunshine Outdoor (BD) Co, Ltd BEPZA Executive Chairman Major General Mohammad Moazzem Hossain, ndc, afwc, psc, G, MPhil witnessed the signing ceremony.
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The company will produce annually 1.5 million pieces of outdoor products like tent, canopy, bag, duffel bag, waterproof dry bags, and sleeping bag, backpack, tarpaulins, inflatable pillows and mattresses, air pillows, mosquito nets, carpets, mats, folding chairs, and different types of bins & baskets.
The company is expected to create employment opportunities for 2,975 Bangladeshi nationals.
The Executive Chairman of BEPZA thanked Sunshine Outdoor (BD) Co, Ltd. for choosing Bangladesh, particularly the BEPZA Economic Zone, as its investment destination and assured them of BEPZA's seamless cooperation to ensure smooth and successful business operations in the zone.
He emphasised that this investment would further accelerate BEPZA's efforts toward export diversification.
The ceremony was attended by Abdullah Al Mamun, Member (Engineering); Md. Khorshid Alam, Executive Director (Enterprise Services); Samir Biswas, Executive Director (Administration); Khadiza Parvin, Executive Director- Additional Charge (Public Relations); along with senior officials of BEPZA and representatives of Sunshine Outdoor (BD) Co., Ltd.
