Chinese firm to invest $5.85m in Adamjee EPZ

Dhaka: Jidalai Co. Ltd. plans to invest $5.85 million to establish a zipper puller manufacturing facility in the Adamjee Export Processing Zone (AEPZ). 

The factory is expected to produce 70 million zipper pullers annually and create jobs for 189 Bangladeshi nationals, according to a press release.

Mentionable, Jidalai Co is a strategic business partner of world renowned zipper brand ‘YKK’.

Member (Investment Promotion) of BEPZA Md Ashraful Kabir and Managing Director of Jidalai Co Ltd Hsueh-Min Hsu signed the agreement on behalf of their respective organisations at BEPZA Complex, Dhaka. 

The Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman was present on the occasion.

BEPZA executive chairman said BEPZA is one of the most successful organisations of Bangladesh in terms of attracting investment through providing services to the investors for 44 years. He assured the Jidalai Co to provide all sorts of support for running their business smoothly.

Member (Engineering) Mohammad Faruque Alam, Member (Finance) ANM Foyzul Haque, Executive Director (Admin) ASM Zamshed Khondaker, Executive Director (Investment Promotion) Md Tanvir Hossain, Executive Director (Enterprise Services) Md Khorshid Alam and Executive Director (Public Relations) ASM Anwar Parvez along with representatives of the enterprise and Managing Director of YKK Bangladesh Pte Ltd  Jin Deguchi were present during the signing ceremony.
-B