Dhaka: Bangladeshi Garments Manufacturing Company M/s. Viyellatex Apparels Ltd is going to set up a garments industry in Uttara Export Processing Zone, a BEPZA release said here on Monday.

This locally owned company will invest 10.12 million US Dollar for setting up their plant with annual production capacity of 4,590,000 pieces of various garments item. Viyellatex Apparels will create employment opportunity for 2000 Bangladeshi nationals.

An agreement to this effect has signed between Bangladesh Export Processing Zones Authority and M/s. Viyellatex Apparels Limited in BEPZA Complex, Dhaka on Sunday.

Sayed Nurul Islam, Member (Investment Promotion) of BEPZA and K M Rezaul Hasanat, Managing Director of M/s. Viyellatex Apparels Ltd. signed the agreement on behalf of their respective organizations.

Major General K M Mominur Rahman, Executive Chairman, Khandaker Akhtaruzzaman, Member (Engineering), A K M Mahbubur Rahman, Member (Finance), Md. Khorshid Alam, General Manager (Investment Promotion), Md. Nurul Haque, General Manager (Enterprise Services) of BEPZA and other officials of both sides were present at the signing ceremony.

Ends/AMA/10/06/13