Dhaka, Aug. 6 -- South Korean company OCF Co. Limited is set to invest US$8.06 million in Mongla Export Processing Zone (Mongla EPZ).

The company will establish a tent manufacturing, tent accessories, camping furniture, furniture accessories, and bag industry, reports UNB.

The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company in this regard on Wednesday (August 6), at the BEPZA Complex in Dhaka.

Md. Ashraful Kabir, Member (Investment Promotion) of BEPZA, and Hyun Gil Kim, Chairman of OCF Co. Ltd., signed the agreement on behalf of their respective organizations. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, witnessed the signing ceremony.

The company plans to produce t...