BSS-43 Sterling Classic Wears to invest US$ 15m in Ishwardi EPZ

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ZCZC

BSS-43

RMG-ISHWARDI-EPZ

Sterling Classic Wears to invest US$ 15m in Ishwardi EPZ

DHAKA, Nov 1, 2018 (BSS) – Sterling Classic Wears Limited will invest US$
15 million to establish a garments manufacturing industry in Ishwardi Export
Processing Zone (EPZ).

In this regard, Bangladesh Export Processing Zones Authority (BEPZA)
today signed an agreement with M/s Sterling Classic Wears Limited at BEPZA
Complex in the city, a press release said.

BEPZA Member (Engineer) Mohammad Faruque Alam and Chairman of M/s
Sterling Classic Wears Limited M Siddiqur Rahman signed the agreement on
behalf of their respective sides.

BEPZA Executive Chairman Major General Mohd Habibur Rahman Khan, its
Member (Finance) M Mizanur Rahman and General Manager (Investment Promotion)
M Ahsan Kabir were, among others, present at the signing ceremony.

Once the new industry is established, a total of 5,677 people will get
jobs. The company will produce 15 million pcs of garment items.

BSS/PR/KUC/MRI/1853 hrs