Bangladesh Export Processing Zones Authority (BEPZA) signed a lease agreement virtually with a Chinese company M/s. Sun-A Oral Care Products Co. Ltd.
The fully foreign owned company is going to establish an oral & dental care products manufacturing industry with an investment of US$ 4.01 million in Chattogram EPZ. BEPZA has taken such initiative to continue the flow of investment in the new global crisis caused by the corona pandemic. Mentionable, amid the pandemic, BEPZA is receiving investment proposals from both local and foreign investors because of congenial investment climate in EPZs.
BEPZA and M/s. Sun-A Oral Care Products Co. inked a deal to this effect today (30.12.2020) connecting virtually from BEPZA Executive Office, Dhaka, Bangladesh at one end and Bangladesh Embassy, Beijing, China at another end. Member (Investment Promotion) of BEPZA Md. Mahmudul Hossain Khan and Managing Director of M/s. Sun-A Oral Care Products Co. Ltd. Mao Jianzheng signed the agreement. Sun-A Oral Care Products company will produce 30 million pcs of modern dental care products per annum with creating job opportunity for 94 Bangladeshi nationals.
The Ambassador of Bangladesh to China Mahbub Uz Zaman congratulated the Chinese investors and assured them all out support to expand their business in EPZ as well as Bangladesh. He also lauded BEPZA for continuing the investment trend through virtual process during pandemic.
The Executive Chairman of BEPZA Major General S M Salahuddin Islam, BP, SPP, ndc, psc thanked the investor and Bangladesh Embassy, China for their support. He said, ‘BEPZA is marching ahead with the mandate of the Prime Minister Sheikh Hasina - ‘Investment Friendly Bangladesh and Enhancement of Export with Product Diversification’.’
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Mrs. Nafisa Banu, Secretary Md. Zakir Hossain Chowdhury, General Manager (Public Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) Md. Tanvir Hossain of BEPZA at Dhaka end and Commercial Counsellor of Bangladesh Embassy, Beijing, Mohammad Monsur Uddin and Director of Sun-A Oral Care, WU Ojuli at Beijing end were present during the virtual signing ceremony.
Executive Chairman, BEPZA Major General S M Salahuddin Islam, Member (IP) of BEPZA Md. Mahmudul Hossain Khan, MD of Sun-A Oral Care Mao Jianzheng from Embassy of Bangladesh in China along with others attends the agreement signing, held virtually on Wednesday while other senior officials of both organisations were present.
