A Hong Kong based Chinese company named M/s. Goldtex Limited will set up textile industry in the Dhaka Export Processing Zone (DEPZ).

The 100 percent foreign owned company will invest 75.735 million US dollar and produce textile fabrics. The company will also create employment opportunity for 3,000 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the Goldtex Limited at BEPZA Complex here recently.

AZM Azizur Rahman, General Manager (Investment Promotion) of BEPZA and Kort York Nam, Executive Director of Goldtex Limited have signed the lease agreements on behalf of their respective organisations.

The Executive Chairman of BEPZA and other officials were present on this occasion.