Hong Kong- and British Virgin Islands-based company, Messrs Rosita Knitwears (Pvt) Limited is planning to establish a sweater manufacturing industry at Ishwardi Export Processing Zone (Bangladesh). The company will invest US$ 3.192 mln in setting up the plant to produce 1.75 million pieces of sweater annually, and thus will create work places for 2,047 Bangladeshi and 30 foreign nationals.
The HK-BVI company signed an agreement on this matter with the Bangladesh Export Processing Zones Authority (BEPZA) on June 16. Md Farhad Uddin, Member of BEPZA and Che, Chit Meng, General Manager of Messrs Rosita Knitwears (Pvt) Limited signed the agreement on behalf of their organizations.