শুক্রবার   ২৯ মার্চ ২০২৪ || ১৫ চৈত্র ১৪৩০ || ১৭ রমজান ১৪৪৫

অপরাজেয় বাংলা :: Aparajeo Bangla

Japanese company to invest US$ 25mn to expand business in IEPZ

Staff Correspondent

১৬:১৭, ১৯ মে ২০২১

৪৬১

Japanese company to invest US$ 25mn to expand business in IEPZ

Roulin (BD) Limited, a Japanese apparel manufacturing company is going to expand their business in Ishwardi EPZ. The enterprise signed an agreement to this effect with BEPZA wednesday (19 May).  Recently, the major share of the company has taken over by Matsuoka Corporation, a major player of the wholesale sector of Japan. Now the new shareholder will expand the existing operation of Roulin (BD) by investing US$ 25 million where 3500 Bangladeshi persons will be employed, a press release said.

Roulin (BD) has been operating their business in IEPZ since 2011 and invested US$ 4.53 million, it has mentioned.

In presence of the Executive Chairman of Bangladesh Export Processing Zones Authority Major General Md Nazrul Islam, Member (Investment Promotion) Md. Mahmudul Hossain Khan for BEPZA and Representative of Matsuoka Corporation Mr. Osamu Sasaki on behalf of Roulin (BD) signed the agreement at BEPZA Complex, Dhaka. 

BEPZA is trying its best to attract foreign & local investment in the EPZ even during the Covid-19 pandemic. Investment-friendly policies of the Government and favorable investment atmosphere of EPZs are encouraging Japanese investors including others to invest in EPZs. Presently, 31 Japanese enterprises have invested US$ 525 million in the EPZs and created employment opportunity for 13,500 Bangladeshi nationals, the press release said. 

Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Secretary Md. Zakir Hossain Chowdhury, General Manager (Public Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) Md. Tanvir Hossain of BEPZA including Managing Director of Roulin (BD) Md. Mahbubar Rahman were present at the signing ceremony, it added.

Kabir Steel Re-Rolling Mills (KSRM)
Rocket New Cash Out
Rocket New Cash Out
bKash
Community Bank