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HomeNews & ViewsBusiness FocusJapanese firm Matsuoka Corporation to invest $25m in Bangladesh

Japanese firm Matsuoka Corporation to invest $25m in Bangladesh

Japanese based apparel manufacturing company Roulin (BD) Limited is going to expand their business in Ishwardi Export Processing Zone with an investment of $25 million. The company has been operating their business in IEPZ since 2011, invested $4.53 million.

Recently, the major share of the company has taken over by Matsuoka Corporation, a major player of the wholesale sector of Japan. Now the new shareholder will expand the existing operation of Roulin by investing $25 million said, BEPZA

In presence of the BEPZA Executive Chairman Major General Md Nazrul Islam, BEPZA Member of Investment Promotion Md Mahmudul Hossain Khan and representative of Matsuoka Corporation Osamu Sasaki, on behalf of Roulin (BD), signed the agreement.

Currently 31 Japanese enterprises have invested $525 million in the EPZs and created employment opportunities for 13,500 Bangladeshi nationals.

BEPZA Member of Engineering Mohammad Faruque Alam, Member of Finance Nafisa Banu, Secretary Md Zakir Hossain Chowdhury, General Manager of Public Relations Nazma Binte Alamgir, and General Manager of Investment Promotion Md Tanvir Hossain Managing Director of Roulin (BD) Md Mahbubar Rahman was present at the signing ceremony.

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