Yeijer Shoe Parts to invest $5 million in Cumilla EPZ
, May 21 -- Yeijer Shoe Parts (BD) Ltd, a company based in Samoa-China (Taiwan), has signed a land lease agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to set up a footwear and footwear accessories manufacturing facility at Cumilla Export Processing Zone (EPZ).
The company will invest US$ 5.03 million for the production of insoles, outsoles, midsoles, and polyurethane (PU) shoes.
The agreement was signed on May 20 at the BEPZA Complex in Dhaka.
Md Tanvir Hossain, Executive Director (Investment Promotion) of BEPZA, signed the agreement on behalf of BEPZA, while Xia Ruihong, Managing Director of Yeijer Shoe Parts, signed on behalf of the investing company.
BEPZA Executive Chairman Major General Mohammad Moazzem ...
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