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Japanese accessories company signs agreement with BEPZA

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January 31, 2001 

Dhaka-- (UNB)- A Japanese garment accessories company yesterday signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to invest nearly USD 17.8 million in Dhaka EPZ.

YKK Bangladesh Pte Ltd took allotment of 22 plots in DEPZ, Savar and would produce, among other things, zippers, buttons and fastening products to market mainly in USA and Europe. The company will employ a few hundred local workers and five foreign nationals.

BEPZA member (investment promotion) Abdul Aziz Sarkar and YKK Bangladesh managing director Suzuki Masaki signed the agreement in presence of senior officials of the BEPZA.

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