Chemical industry to come up at Comilla EPZ soon

Dhaka: Far Chemical Industries, a Bangladesh-Korea joint venture company, will set up a chemical manufacturing industry at Comilla Export Processing Zone shortly.

This company will invest about Tk 66 crore in setting up their plant and will produce to export annually 7 million kgs chemical.

The company will also create employment opportunity for 344 Bangladeshis, including 3 foreign nationals.

An agreement was recently signed between Bangladesh Export Processing Zones Authority (Bepza) and Far Chemical Industries Ltd at Bepza Complex in Dhaka, said a press release.

Prasanta Bhushan Barua, member (Investment Promotion) of Bepza, and Abdul Kader Faruk, chairman of Far Chemical Industries Ltd, signed the agreement on behalf of their respective organisations.

Bepza Executive Chairman Brig General Jamil Ahmed Khan and other officials from respective organisations were present on the occasion.