Loading
Chinese company M/s. KPST Shoes (BD) Co. Limited is going to establish a Shoes Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ). This fully foreign owned company will invest US$ 8.07 million where 2650 Bangladeshi nationals will get employment opportunities.
The company will produce annually 30 million pairs of Insole, Outsole & Midsole and 0.3 million Cubic Meters EVA & PU Foam. The dependency on import of the above mentioned materials of export oriented shoe industries of the country will be decreased by the operation of the factory.
Mr. Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Mr. LUO Zhexian, Managing Director of KPST Shoes (BD) Co. Ltd. signed an agreement to this effect on behalf of their respective organizations on 3 August 2022 at BEPZA Complex, Dhaka. BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the agreement signing ceremony.
Mentionable, including M/s. KPST Shoes, BEPZA approved total 12 enterprises to establish industries in BEPZA EZ, the largest venture of BEPZA. The total proposed investment of these enterprises is US$ 251.78 million.
Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Admin) Md. Zakir Hossain Chowdhury, Project Director of BEPZA EZ Md. Hafizur Rahman, Executive Director (Investment Promotion) Md. Tanvir Hossain and Executive Director (Enterprise Services) Md. Khorshid Alam were present during the signing ceremony.