Dhaka, Aug. 28 -- Chinese company Senxin BD Co. Ltd. is set to invest US$ 10.81 million to establish a manufacturing plant for LED bulbs and packaging materials at Mongla Export Processing Zone (Mongla EPZ).

An agreement was signed on Thursday at the BEPZA Complex in Dhaka between the Bangladesh Export Processing Zones Authority (BEPZA) and Senxin BD Co. Ltd.

Member (Investment Promotion) of BEPZA Md. Ashraful Kabir and Chairman of Senxin BD Wu Changqin inked the deal on behalf of their respective organizations.

Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony, according to a press release.

Under the new venture, Senxin BD will produce a wide range of LED lighting products inclu...