, Sept. 16 -- Bangladesh Export Processing Zones Authority (BEPZA) has welcomed its first-ever airplane amenity bag and kit manufacturing company, KMK Industrial Limited, which is set to invest US$ 18.60 million and create employment opportunities for 1,231 Bangladeshi nationals.

The agreement was signed on Sunday between Md. Ashraful Kabir,member (Investment Promotion) of BEPZA, and Wu Yuxiang, chairman of KMK Industrial Limited, in the presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, according to a press release.

The company will initially produce airplane amenity bags and gradually expand into in-house manufacturing of socks, garments and accessories, cosmetics, and selected electronic items, inclu...