TDS Desk:

Chinese company Baida Industrial Company Limited is going to invest $1.26 million to set up a Printed Materials and Packaging Products manufacturing industry in Uttara Export Processing Zone (UEPZ) in Nilphamari.

In presence of the Executive Chairman of Bangladesh Export Processing Zones Authority (BEPZA) Major General Abul Kalam Mohammad Ziaur Rahman on Tuesday signed an agreement with the company at BEPZA Complex in the city, said a press release.

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 organisations.

This foreign owned company will produce 8000 tonnes of various types of cartoon box, paper bags, box file/storage box, different types of books and magazines, sticker/label/hang tag/barcode sticker, calendar, diary and different types of printed cards yearly.

Around 1150 Bangladeshi nationals will get employment opportunities in this company.

Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) ANM Foyzul Haque, Executive Director (Admin) ASM Zamshed Khondaker, Executive Director (Investment Promotion) Md Tanvir Hossain, and Executive Director (Public Relations) ASM Anwar Parvez along with representatives of the enterprise were present during the signing ceremony.