Chinese company Baida Industrial Company Limited is going to invest US $1.26 million to set up a Printed Materials and Packaging Products manufacturing industry in Uttara Export Processing Zone (UEPZ) in Nilphamari.
A deal was signed in this regard in the presence of the Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman. The deal signing ceremony was held at BEPZA Complex, Dhaka on Tuesday.
Md. Ashraful Kabir, Member (Investment Promotion) of BEPZA, and Zhang Hu, Managing Director of Baida Industrial Company Ltd, signed the agreement on behalf of their respective organizations.
This foreign-owned company will produce 8,000 metric tons of various types of cartoon boxes, paper bags, box files/storage boxes, different types of books and magazines, sticker/label/hang tag/barcode stickers, calendars, diaries and different types of printed cards yearly. 1,150 Bangladeshi nationals will get employment opportunities in this company, according to a press release.