DHAKA, Oct 25, 2019 (BSS) – M/s HKD Outdoor Innovations Limited, a South Korean company, is going to expand their business with the investment of US$ 20 million more to establish a new unit of tent and garments manufacturing industry in Karnaphuli Export Processing Zone (EPZ).
In this regard, Bangladesh Export Processing Zones Authority (BEPZA) and M/s HKD Outdoor Innovations Limited signed an agreement at BEPZA Complex in the city on Thursday, said a press release.
Member (Investment Promotion) of BEPZA Zillur Rahman and Chief Operating Officer of M/s HKD Outdoor Innovations Limited Se Kyu Sun inked the agreement on behalf of their respective sides.
BEPZA Executive Chairman Major General S M Salahuddin Islam, Member (Engineering) Mohammad Faruque Alam, Chief Engineer Md Ashraful Kabir, General Manager (Investment Promotion) of BEPZA Md Tanvir Hossain and Executive Director of HKD Outdoor Innovations Limited Rafat Hussain were present at the signing ceremony.
M/s HKD Outdoor Innovations Limited will produce world famous branded tent and tent accessories and readymade garments items like tops, short pant, head wear, neck warmer, lingre, musk and tops. M/s HKD Outdoor Innovations Limited will create employment opportunity for 6700 Bangladeshi nationals.