China-Bangladesh Co to invest $3m in CEPZ in IT Sector

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DHAKA, Dec 3, 2019 (BSS) – China-Bangladesh jointly owned Ms Ship-Smart
Data Technology (Bangladesh) Company Limited is going to set up a high-tech
data connecting cable manufacturing industry in Chattogram Export Processing
Zone (CEPZ) to cope up with advancing of Digital Bangladesh.

In presence of Executive Chairman of the Bangladesh Export Processing
Zone Authority (BEPZA) Major General S M Salahuddin Islam, BEPZA and Ms Ship-
Smart Data Technology (Bangladesh) Company Limited recently signed an
agreement at BEPZA Complex in the city, said a press release.

Member (Investment Promotion) of BEPZA Zillur Rahman and Director of Ms
Ship-Smart Data Technology (Bangladesh) Company Limited Zhonggui Zhang signed
the agreement on behalf of their respective organizations.

The company will produce annually 14 million pieces of HDMI Cable and
amp LAN Cable with the investment of US$ 3 million.

Ship-Smart Data Technology (Bangladesh) Company Limited will create
employment opportunity of 740 Bangladeshi nationals.

Member (Engineering) Mohammad Faruque Alam, Member (Finance) Mizanur
Rahman, Secretary Nabirul Islam, General Manager (Public Relations) Nazma
Binte Alamgir and General Manager Md Tanvir Hossain were also present at the
signing ceremony.