Chittagong, Sept. 11 -- Direction Technology (Bangladesh) Co. Limited, a Chinese company, has signed an investment agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish a manufacturing plant in the Chattogram Export Processing Zone (CEPZ).
The new facility will produce bluetooth headphones, wired headphones, and data cables.
This investment, worth US$3 million, is expected to diversify Bangladesh's export basket beyond its traditional apparel and textile industries and add a new dimension to technology-based manufacturing in the EPZ.
The project is expected create employment opportunities for 478 Bangladeshi nationals, said a press release.
Workers at CEPZ block road over unpaid wages, Eid bonuses
Md. A...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.