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Hong Kong-owned company to invest $54m in BEPZA economic zone

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Desk Report: Hong Kong (China) owned company M/s. Campvalley Chittagong Limited is going to set up a camping equipment & garments manufacturing industry in BEPZA Economic Zone with an investment of US$ 54 million.

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This foreign owned company will produce annually 21.4 million pieces of tent, bag, backpack, camping chair, furniture, luggage, sleeping bag, knit and woven garments, gazebo, umbrellas, mattress and furniture frame, said a press release. Some 9380 Bangladeshi nationals will get employment opportunity in this factory. There are two other tent manufacturing companies in Chattogram and Karnaphuli EPZs under the same owner.

Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Hong Woo Lee, Chairman of Campvalley Chittagong signed an agreement to this effect today (24/03/2022) at BEPZA Complex, Dhaka. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the signing ceremony. 9380 Bangladeshi nationals will get employment opportunity in this foreign owned company. Mentionable, there are two other tent manufacturing companies in Chattogram and Karnaphuli EPZs under the same owner. Among others, Member (Engineering) Mohammad Faruque Alam, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Enterprise Services) Md. Khorshid Alam and Project Director of BEPZA EZ Md. Hafizur Rahman were present during the signing ceremony.

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